Bitcoin Market Correction: Long-Term Holders Remain Steadfast

A recent analysis by VanEck suggests that the current Bitcoin price drop is not driven by institutional investors or long-term holders selling out, but rather by a shift in trading strategies. The study shows that addresses holding Bitcoin for 3 to 5 years have sold off significantly, while long-term holders – those who have held their positions for over five years – remain surprisingly consistent even with market volatility. This indicates a strategic repositioning of assets rather than panic selling.