Bitcoin Short-Term Holders' Holdings Rise to 3.68M BTC on May 1, Up 300K from Recent Low

BTC0.16%

According to analyst Murphy, Bitcoin short-term holders’ on-chain holdings increased to 3.68 million BTC on May 1, rising from a recent low of 3.38 million BTC. While this level remains over 1 million BTC below the previous bull market peak, the recovery suggests growing investor risk appetite amid improving macroeconomic conditions.

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