BTC Long-term holder on-chain acquisition price rises...average price breaks through 45,340 dollars

The 뉴스 · 25/05/14 23:28:22 · mu/뉴스

According to Glassnode, the Realized Price (on-chain acquisition price) of Bitcoin (BTC) Long-Term Holders (LTH) has risen to $45,340. This is analyzed as the result of investors who purchased in the $90,000~$100,000 range holding for more than 155 days and converting to long-term holders.

Especially as investors who purchased BTC in December of last year convert to long-term holders, their average purchase cost is gradually increasing. Glassnode explained that "the increase in the on-chain acquisition cost of long-term holders reflects increased trust in the market and could be a signal that the price lower support has strengthened."

Experts predict that as the average purchase cost of long-term holders increases, there is a high possibility of strong buying pressure appearing even during BTC adjustments in the future. This is evaluated as an element that can support Bitcoin's price stability and the possibility of extending the bull market.

91
0

Comments 0

Loading...