TechFlow news, according to recent research from cryptocurrency data analytics platform CryptoQuant, the number of short-term Bitcoin holders (those holding for no more than 155 days) has been continuously declining since late May, indicating weakening demand.
Julio Moreno, Head of Research at CryptoQuant, noted that this phenomenon suggests Bitcoin demand remains weak. In contrast, long-term holders appear to be taking the opportunity to accumulate. Moreno added that if demand for Bitcoin rises again, this dynamic could reverse, leading short-term holders to buy from long-term holders.
CryptoQuant contributor IT Tech believes this trend could lead to medium-term price appreciation and market stabilization. Increased accumulation by long-term holders may stabilize prices and prepare the market for a potential rebound, while short-term holder sell-offs could exert downward pressure on Bitcoin’s price in the near term. IT Tech stated that data clearly shows capital flowing from weaker hands (short-term holders) to stronger hands (long-term holders), signaling improved market stability.
