Bitcoin Accumulation Phase Evident as Long-Term Holders Increase Holdings

On April 23, data from CryptoQuant indicates a significant shift in Bitcoin holdings. According to BlockBeats, long-term holders have increased their Bitcoin holdings by 303,000 BTC over the past 30 days, while short-term holders have reduced their holdings by 290,000 BTC. This trend suggests that Bitcoin is currently in an accumulation phase, with supply moving towards more steadfast holders.