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itsgonnabe.base.eth
@itsgonnabe5
Good morning ☀️ Have a wonderful day! 🟠 According to CryptoQuant, long-term Bitcoin holders have accumulated 300,000 BTC — worth $32.7 billion — over the past 20 days. 📊 This surge in accumulation highlights strong conviction among long-term investors, despite recent market volatility. 💡 Key takeaways: • This level of buying suggests confidence in BTC’s mid- to long-term trajectory • Accumulation is often a bullish on-chain signal, potentially indicating price support • The average entry price for these coins is estimated around $109,000 Long-term holders are clearly doubling down — are they front-running the next leg up?
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Yerkhonchik
@yerkhonchik
GM! Interesting statistic
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