Distribution/Accumulation behavior from LTH HODlers!
This graph depicts the inflow age bands to the exchanges. When the inflow age ranges of 3Month-6Month and 6Month-12Month rose, the market experienced a shakeout. This is the distribution behavior of long/mid-term hodlers. Even on the most bloody days of the market, these players' Hodling/Accumulation tendency may be detected.
During bearish market swings, short-term investors, on the other hand, have shown a lot of capitulation/panic selling. When the volume of inflow from each of these players is examined, it can be shown that 1Day-1Month hodlers, who are considered retailers in the market, account for the majority of inflows to the exchanges.
Long-term #HODLers aren't selling at the moment, and they're stockpiling BTC at present levels.
https://cryptoquant.com/quicktake/6215e07cc925205d2ba7524e
#btc #eth #holder #hodel
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