Bitcoin (BTC) Short-Term Holder Count Hits 10-Year Low
Data analysis firm Glassnode has revealed an unprecedented divergence in Bitcoin's holder dynamics
Long-Term Holders (LTHs) and Short-Term Holders (STHs) are indicative of this shift, categorized by a 155-day holding period
The quantity of bitcoins held by LTHs is approaching 15 million, whereas STHs have reached their lowest level of 2.3 million since 2010
This highlights the evolving landscape of Bitcoin ownership
The divergence coincides with a period 155 days ago when Bitcoin reached $30,000, marking a year-to-date high
The firm suggests a potential turning point in Bitcoin ownership dynamics, urging observers to stay vigilant.