우민규 Woominkyu
Living in a time when history is being replayed
Historical data indicates that "Long-term holders" frequently outweighed "Short-term holders" when Bitcoin successfully crossed the "Realized Price," consistently driving the increase in Bitcoin price. On the other side, when Bitcoin achieves its peak, "Short-term holders" exceed "Long-term holders". The situation does not appear to have materially changed from the past, and it seems that "long-term holders" will gradually gain control of the market and raise prices “Again”. *Long-Term Holders = UTXO longer than a year age bands (%) *Short-Term Holders = UTXO shorter than a year age bands (%) *Realized Price = an average price weighted by the supply of what the entire market participants paid for their coins.