Bitcoin Sees Surge in Short-Term Holdings as New Buyers Enter the Market

The Bitcoin market continues to draw significant attention from new investors, evidenced by a notable increase in short-term holdings. Over the past three months, wallets associated with short-term holders have accumulated 559,000 BTC, signaling fresh demand for the cryptocurrency. CryptoQuant’s Axel Adler Jr. highlights this trend, with short-term holder supply rising from 4.38 million BTC to 4.94 million BTC. This surge suggests a steady influx of buyers as prices stabilize and potentially prepare for long-term investment.