1. PixelPlaygroundHome
  2. Blockchain Briefs

Bitcoin Investors Shift Focus to Long-Term Income

• Blockchain Briefs • 112 views

It is reported that according to the data of Glassnode, a blockchain analysis company, the number of bitcoins that have not moved in at least six months has re…

Bitcoin Investors Shift Focus to Long-Term Income

It is reported that according to the data of Glassnode, a blockchain analysis company, the number of bitcoins that have not moved in at least six months has reached 14.99 million, which is about 370 billion US dollars at the current price, which is close to the previous record high of 15.029 million. According to the analysis, at present, Bitcoin investors have begun to focus on long-term income again. Bitcoin community has obviously become more investment-oriented, and other blockchains such as Ethereum have more services for the community. Therefore, there are obviously more tokens moving, mainly for the purpose of pursuing profits. Glassnode added in the report that “the cycle has changed and the behavior pattern of investors has changed significantly.”

The number of “dormant for six months” bitcoins reached 14.99 million, close to a record high

Interpretation of the news:


According to Glassnode, a blockchain analysis company, the number of bitcoins that have not moved in at least six months has reached 14.99 million – almost equivalent to $370 billion – which is just shy from the previous record of 15.029 million. This indicates that Bitcoin investors are now shifting their focus on long-term income. The Bitcoin community has transformed into a more investment-oriented community, while other blockchain communities like Ethereum are offering more services for their community members.

Bitcoin investors have become more aware of the long-term investment value of Bitcoin, as it remains a volatile market. The report suggests that the shift in investor behavior is due to the change that has been happening in the industry and how the technology is being utilized. Investors are no longer focused on the short-term gains that Bitcoin may provide but are now taking a long-term view of the market. This shows investors’ confidence in the technology and proves that they believe that Bitcoin will sustain itself and its worth will continue to grow due to its unique features.

However, it is worth noting that not all investors have become more focused on long-term income, as the Glassnode report indicated that there are still a considerable amount of tokens moving around with the aim of profiting from their investment. This is not surprising, as there are still some investors who have not lost their taste for short-term investments.

In conclusion, the behavioral pattern of Bitcoin investors has significantly changed, which is what Glassnode has accurately pointed out. Investors’ investment habits have also improved, as they are more cautious of market fluctuations and are not looking for a quick and easy return. While there may be few investors who still prefer to look for quick profits, the majority of Bitcoin investors are now turning towards a long-term investment strategy that will benefit them in the future.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/2293/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/22/2023 02:31
Next 02/22/2023 02:37

Recommended articles