Data: Long term holders of Bitcoin have increased their holdings by over 250000 BTC in the past two months

Odaily Planet Daily reported that despite the possibility of a short-term downturn in Bitcoin, the rebound after the FOMC meeting is a positive signal for market participants. Enmanuel Cardozo, an analyst at the RWA tokenization platform Brickken, believes that investors should focus on the accumulation of long-term Bitcoin holders rather than short-term fluctuations to judge the trend of Bitcoin. He added, "As seen in on chain data, long-term holders continue to increase their holdings, and these holders are quietly accumulating According to Glassnode data, the BTC holdings of long-term Bitcoin holders increased by over 250000 BTC in less than two months, from 13.1 million BTC on February 11 to over 13.3 million BTC on March 22. （Cointelegraph）