#HODLers Return to the Accumulation Phase: Bitcoin Sees 15000 BTCs Inflow per Month
According to reports, Glassnode data shows that during the depth of the bear market, after a brief period of active allocation, Bitcoin HODLers have returned to the general accumul
According to reports, Glassnode data shows that during the depth of the bear market, after a brief period of active allocation, Bitcoin HODLers have returned to the general accumulation stage, with a current recorded inflow of 15000 BTCs per month.
Glassnode: Bitcoin HODLers has returned to the accumulation stage
As cryptocurrency markets continue to recover from the depths of the bear market, a new report from Glassnode shows that Bitcoin HODLers have transitioned back into the accumulation phase. After briefly engaging in active allocation, these savvy investors have begun to accumulate Bitcoin once again, with a reported inflow of 15,000 BTCs per month.
##Understanding Bitcoin HODLers
Before delving into what this reported influx of 15000 BTCs per month actually means, it’s important to define what a Bitcoin HODLer is. HODLers are long-term holders of Bitcoin who believe in the future of the cryptocurrency and are willing to weather the volatility of the markets to secure their holdings.
##The Bear Market and Active Allocation
During the bear market, which lasted from 2018 until early 2019, many HODLers engaged in active allocation. This meant that they were moving their Bitcoin holdings around in an attempt to secure profits or mitigate losses.
##Returning to the Accumulation Phase
According to Glassnode data, Bitcoin HODLers have since returned to the accumulation phase. This means that they are buying and holding onto Bitcoin with a long-term investment strategy once again.
##The Significance of 15000 BTCs per Month
It’s worth noting that 15000 BTCs per month isn’t a staggering amount when compared to the total market cap of Bitcoin, but it is a significant figure when viewed in the context of HODLers returning to accumulation. This uptick in accumulation suggests that investors are once again confident in the future of Bitcoin and are looking to build long-term profitable positions.
##The Future of Bitcoin Accumulation
It’s impossible to say with certainty what the future holds for Bitcoin accumulation. There are numerous factors that could impact the markets, from regulatory changes to a global economic recession. What we do know is that HODLers have historically been able to weather the volatile Bitcoin markets and emerge with a profitable long-term investment strategy. As long as that trend continues, we can expect to see continued accumulation from Bitcoin HODLers.
##Conclusion
Bitcoin HODLers have been an integral part of the cryptocurrency market since its inception, and Glassnode’s latest report shows that they are continuing to play a vital role. The transition from active allocation to accumulation is no small feat, and it suggests that investors are once again confident in the future of Bitcoin. While the exact rate of accumulation may fluctuate in the coming years, the trend towards long-term HODLing is one that is likely to continue.
##FAQs
1. What is the difference between active allocation and accumulation in Bitcoin investing?
Active allocation refers to a strategy where investors move their Bitcoin holdings around in an attempt to secure profits or mitigate losses. Accumulation, on the other hand, involves buying and holding Bitcoin with a long-term investment strategy.
2. Why have Bitcoin HODLers returned to the accumulation phase?
It’s impossible to say with certainty, but it’s likely that HODLers are confident in the long-term potential of Bitcoin and are looking to build profitable positions in the cryptocurrency.
3. Will the trend towards Bitcoin accumulation continue?
It’s impossible to predict the future of the markets with certainty, but HODLers have historically weathered the volatile Bitcoin markets and emerged with profitable long-term investment strategies. Therefore, it’s likely that the trend towards accumulation will continue.
##
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/metaverse/18943.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
7:00-12:00: A Look at Allbridge, Dmail, Alchemy Pay, and Bybit
7:00-12:00 Keyword: Allbridge, Dmail, Alchemy Pay, Bybit
Summary of important developments at noon on April 3rd
Outline:I. Introduction- Explanation of the topic- Importance of the -
#Secret Network Integrates IBC Bridge with Cosmos to Enable Asset Transfer between 14 Chains
On March 30, the privacy public chain Secret Network announced that it has integrated IBC Bridge with the Cosmos transaction terminal TFM, which supports users to transfer assets b
-
Continued Surge in Trading Volume of Bitcoin and Ethereum Derivatives
According to reports, the data showed that the trading volume of derivatives of Bitcoin and Ethereum in US dollars continued to rise in February. The trading v…
-
Dexible Project Contract Hacked by Logical Vulnerability
On February 17, according to the Beosin EagleEye security risk monitoring, early warning and blocking platform monitoring of Beosin, a blockchain security audi…
-
Fox Entertainment Launches Token-Gated Fan Experience for Masked Singer
It is reported that Fox Entertainment and its Web3 department Blockchain Creative Labs are launching a new token-gated fan experience for the network\’s popular…
-
An In-Depth Look at the AIP-232 Proposal and Its Impact on the ApeCoin Community
On April 21st, the snapshot voting page showed that the AIP-232 proposal by the ApeCoin community to establish a multilingual information center, Apeverse, was not voted through. T
-
What does forked currency exchange mean (forked currency scam)
What does forked currency exchange mean? Simply put, the two are the same concept. In Chinese, splitting means exchanging two different digital assets. One is called “Hard currency”, and the other is called token. In this case, it can be understood that both parties will map their respective digital currencies 1:1 to the newly issued digital currency The divergence is not because Bitcoin and Ethereum have the same name or code, but because they have different versions of blockchain networks, algorithms and other features. (Note: The author of this article is Huo Xiaolu, compiled by Daily Planet Daily) Bifurcated Currency FraudEditor’s Note: This article is from BlockBeats (ID: BlockBeats), author: 0x29, reprinted by Daily Planet Daily with authorization Bifurcation fraud is a major trend in the field of Cryptocurrency. In the past few months, some virtual currencies represented by Bitcoin have been deceived by various counterfeit projects by billions of dollars, and these “air” tokens have started to experience price…
-
Table of Contents
On March 22, Tether announced a partnership with clothing brand Guess to officially introduce Bitcoin, Tether, and LVGA payments to retail stores in Lugano. The Guess store will ad
-
The Dark Side of the Crypto World: Scams and Hacks
On March 16th, the Web3 Knowledge Map Protocol 0xscope tweeted that someone (the address beginning with 0x2A) sent a message to a Euler hacker stating that all of his savings (78 ETHs) were in Euler Finance, requesting the attacker to return 90% or 80% of them, and then the attacker sent him 100 ETHs. Currently, other addresses have emulated the behavior of the 0x2A address. Euler hackers sent 100 ETHs to a user after receiving a request on the chain Analysis based on this information:The world of cryptocurrencies can be a place where fortunes are made and lost in the blink of an eye. The decentralized nature of blockchain technology has brought many benefits to the financial world, such as increased transparency, security, and efficiency. However, it has also given rise to new forms of scams and hacks, which can potentially ruin people’s lives. This was precisely what happened to the person who sent the message to a hacker about…
-
#Unlocking FXS Tokens: A Deep Dive into the Impact of the Recent Release
According to reports, according to Spot On Chain monitoring, 26 hours ago, 226091 FXS were unlocked from Treasury and Advisor developer wallets for $8.17.
226091 FXS unlocked 26 ho