Bitcoin saw a 1.3% decline in the past day, currently hovering around $113,600. While some in the investment community remain anxious about potential further price drops, short-term investors are seizing the opportunity to buy at lower prices. Recent data reveals an increase in Bitcoin holdings among these traders – those who’ve held their investments for less than 155 days – with cumulative holdings rising from 2,460,514 BTC to 2,503,798 BTC. This coincides with the price drop from $123,000 to $112,000, suggesting a surge in buying activity from these investors during this period. This pattern echoes similar trends seen in June when short-term investors responded to price drops by accumulating Bitcoin. Past instances of buying at lower prices have often led to subsequent price rises, reinforcing the optimism within this cohort.