Analyst: The net holdings of long-term Bitcoin holders continue to increase, while the market turnover rate declines
According to on-chain analyst Murphy (@Murphychen888), the net position change of Bitcoin long-term holders (LTH) continues to show an upward trend.
Data shows that from February 13 to February 26, a total of 14,127 Bitcoins held by long-term holders were spent, while 19,798 Bitcoins held by short-term holders (STH) were converted to long-term holdings. After offsetting the positives and negatives, the result remains positive, indicating that both long-term and short-term holdings have reduced turnover. Although market liquidity has decreased, selling pressure has also correspondingly weakened.
You may also like
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
