TechFlow news, August 26: A CryptoQuant analyst posted that the Bitcoin market is undergoing a healthy shakeout. The latest data shows that new investors holding for less than one month are on average facing a -3.5% unrealized loss and selling heavily. In sharp contrast, short-term investors holding for 1-6 months still maintain a +4.5% unrealized profit and are holding firm. Analysts believe this market cleansing transfers Bitcoin from weak hands to investors with lower costs and stronger conviction, laying a firmer foundation for future price increases.
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