Ecoinometrics: In the long run, the continuous increase in holdings of spot Bitcoin ETFs is a good sign
cryptocurrency research company Ecoinometrics posted on platform X, stating that since January, the holdings of spot Bitcoin ETFs have increased by nearly 300,000 Bitcoins. Although the speed of capturing Bitcoin has significantly slowed down, the key is that even if the price of Bitcoin stagnates, its growth continues. In the long run, this continuous accumulation is a good sign.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Arthur Hayes: Maybe Monad can unlock all tokens and retain users, challenging Ethereum and Solana
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
The HyperLiquid team unstakes 2.6 million HYPE tokens, with part of the funds restaked.