Ki Young Ju, CEO of CryptoQuant, stated that Bitcoin (BTC) $94,066 is currently exhibiting classic bull market behavior based on network data. In a recent announcement on the social media platform X, he expressed that short-term BTC investors are entering the market while long-term investors are accumulating BTC.
Short-Term vs. Long-Term Investors
Short-term BTC investors hold their coins for less than 155 days, whereas long-term investors retain their coins passively for 155 days or more. In bull markets, a surge in asset flow from long-term investors to new traders is anticipated, which could drive the market’s momentum. Despite recent dips, BTC continues to hover in the six-figure range, making it challenging to discuss a bearish trend from a fundamental and technical perspective.
The Role of Large Investors
According to the analytics firm’s CEO, the transfer of BTC from long-term to short-term investors is typically seen in previous bull markets, which is viewed as a positive sign for the market. Ki stated that President Trump’s “global promotional effect” could potentially extend the bull run longer than usual, possibly lasting until 2026.
Bitcoin’s current value is recorded at $99,847. Given the recent market movements and investor behaviors, there are positive signals regarding Bitcoin’s future performance. Increased purchasing power from large investors and strategic sales from long-term holders could support market stability.
It is crucial for investors to carefully monitor market trends and make informed decisions to navigate this evolving landscape.