Recent data seen on the chart tells that the metric is currently positioned at the 0.36 level, which implies that long-term holders remain on average in terms of profit. However, Wedson highlighted that the most significant signal often emerges when the metric shifts into negative territory.
This was the last stage before a fresh Bull Run began in earlier cycles. “Opportunities are not built at the top, they are built in depression,” Wedson added.
BTC Accumulator Addresses Are Rising
