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2022.03.26 16:40:09
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raonbit
2022.03.26 16:08:58
The current drawdown has now been in play for 132-days since the Nov ATH, and the tail of our 155-day threshold used to define Long-Term Holder status is approaching the October price high. As such, we can make a broad assertion that Long-Term Holders own coins before the market high, and Short-Term Holders own coins purchased during or after the market top.
With this in mind, we can see that Long-Term Holder (LTH) supply holdings have stagnated since the October peak. This suggests that the volume of coins maturing into LTH status, is being met by equal spending pressure by this cohort.
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2022.03.26 16:07:44