April 25, 2024

Large investors are not going to sell bitcoin at current prices, according to a study

Large investors are not going to sell bitcoin at current prices, according to a study

According to CoinMetrics, most bitcoin whales have not brought their digital assets to the market since 2015.

Analysts suggest that large investors initially counted on the long-term growth prospect of BTC and do not want tosell at the current low prices. The study found that over the past five years,The whales felt comfortable and did not move funds even during periods of record collapses.

CoinMetrics, they believe that the owners of large reserves of bitcoin do not come outto the market to reduce the circulation of coins to reduce the supply, graduallyAt the same time, retail and institutional investors are showing signs ofThere is more and more interest in the crypto market, which increases the demand for the asset. 

According to analysts, one of the bitcoin kits has not moved its coins for more than 5 years, and on average for large investors the HODL is 4.7 years.

However, the measures taken by whales to stimulate the growth of the BTC exchange rate and the upcoming halving do not guaranteelong-term success, as the market regularly experiences major crashes.

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