BTC : Are short-term holders giving up as long-term conviction takes over?
The 0–1 day Realized Cap HODL Wave has plunged to 0.187%, its lowest reading in weeks.
This drop reveals that short-term holders are retreating, with fewer participants engaging in quick sell-offs.
Instead, BTC appears increasingly held by long-term believers, reinforcing the scarcity dynamic already echoed in ETF and S/F data. As quick flips vanish, the market tilts toward structural strength.
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