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Long-Term Buyers Unfazed by Bitcoin's Recent Drop to $33K

A metric tracking long-term holders suggests investors have continued to accumulate the asset despite a falling price.

Updated May 11, 2023, 6:58 p.m. Published Feb 3, 2022, 10:52 a.m.
Balance on exchanges declined in recent months. (Glassnode)
Balance on exchanges declined in recent months. (Glassnode)