Glassnode： Since January, long-term investors have increased their holdings of 635000 BTC, bringing their total holdings to 13.756 million BTC

According to Glassnode data, as the price of Bitcoin rises above $90000, long-term holders (LTHs) have shown a firm belief, increasing their holdings beyond the selling amount of short-term holders. Since January this year, long-term investors have increased their holdings of 635340 bitcoins, bringing their total holdings to 13755722. Despite the rebound in Bitcoin prices, there are still 2.6 million bitcoins in a loss making state, reflecting the continued resistance faced by investors who bought above $95000. The data shows that for every 1 Bitcoin sold by short-term holders, long-term holders increase their holdings by 1.38. It is reported that long-term holders usually increase their holdings when the market is weak and sell when the market is strong.