Analyst: BTC Short-Term Holders Have Accumulated 1 Million BTC Since August and Are Still Buying

BlockBeats News, November 11th, CryptoQuant analyst Axel posted on social media today, stating that since August, the Bitcoin Short-Term Holders (STH) group has seen an increase of 1 million BTC in their holdings, reaching a total of 5.4 million BTC, a growth of 24.7%. Despite these holders currently being at a loss, new investors continue to enter the market.