via BeInCrypto · By BeInCrypto Editorial
$7 Trillion Wall Street Giant is Watching This Key Bitcoin Metric
BTC/USDT
$5,102,188,119.09
$64,292.44 / $63,810.00
Change: $482.44 (0.76%)
+0.0009%
Longs pay
Fidelity Digital Assets says the supply of Bitcoin (BTC) held by long-term investors has reached an all-time high.
Research analyst Zack Wainwright treats that cohort as one of the clearest reads on investor conviction. Fidelity says the long-term holder data appear consistent with on-chain metrics that are approaching past-cycle bottom levels.
Why Fidelity Watches This Cohort
The asset…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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