Analysis “Permanent Bitcoin Holders Surge…Signal Of Bull Market Detected”

The movement of investors who intend to hold Bitcoin without selling it in the long term is becoming clear. On-chain data analysis firm CryptoQuant announced on the 16th through X that "the demand for Bitcoin Permanent Holder is rapidly increasing."

These are typically investors who are not affected by short-term price fluctuations in the market and have a tendency to accumulate coins in the long term. CryptoQuant analyzed that "this trend can be interpreted as a precursor to a full-scale bull market based on past cases."

In the market, this demand expansion is evaluated as a movement based on the solid trust and long-term outlook of investors. In particular, perspectives focusing on structural supply and demand changes rather than trading for short-term gains are gaining strength.