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Bernstein: Bitcoin Retail Holders Panic Selling in Recent Months, But Long-Term Holders Remain Resilient
Summary: According to reports from Bernstein, a research and brokerage firm, over 60% of Bitcoin holdings have not moved in over a year. This ownership structure, unique to Bitcoin, indicates the presence of a group of long-term believers who are not sensitive to Bitcoin's fluctuations and hold it as a store of value. This situation occurred ...
According to reports from Bernstein, a research and brokerage firm, over 60% of Bitcoin holdings have not moved in over a year. This ownership structure, unique to Bitcoin, indicates the presence of a group of long-term believers who are not sensitive to Bitcoin's fluctuations and hold it as a store of value. This situation occurred against the backdrop of Bitcoin significantly underperforming gold last year. Approximately 14% of Bitcoin is held by ETFs, digital asset treasuries (including companies like Strategy), and governments. This resilient capital base of Bitcoin is expanding.
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Link: Bernstein: Bitcoin Retail Holders Panic Selling in Recent Months, But Long-Term Holders Remain Resilient [Copy]
