Odaily Odaily News: CryptoQuant founder Ki Young Ju stated that although the price of Bitcoin is essentially the same as two years ago, the holding structure has undergone a significant change.

Data shows that investors who have held Bitcoin for 6 months to 2 years now account for 53% of Bitcoin's realized market cap, up from 15% two years ago. Ki Young Ju pointed out that in the previous cycle, this proportion reached 68% when Bitcoin hit its bottom.

He believes this indicates that short-term holders in the current cycle are gradually transitioning into long-term holders.

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