COINOTAG News, April 4th. Recent insights from Glassnode highlight significant trends among crypto investors. Despite experiencing a sharp 30% price retracement from January’s peak, short-term holders are now displaying distinctive value investment behaviors. Within the initial four days of April, these investors notably increased their holdings by 15,000 BTC, sharply contrasting the 280,000 BTC sold in the preceding two months—much of which was attributable to profit-taking linked to the substantial November-December rally influenced by the Trump victory.
In addition, long-term holders of Bitcoin continue to exhibit resolute confidence, having accumulated an impressive 400,000 BTC since February. This trend of steady acquisitions has persisted into April, elevating their total holdings to over 13.5 million BTC, representing approximately 64.3% of the total circulating supply. This ongoing commitment underscores the strong fundamental support within the market despite recent price fluctuations.