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Analyst: Bitcoin Long-Term Holders' 30-Day Distribution Rises to 281,900 BTC, Up 61.5% Since Aug. 18

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Odaily News: Axel Adler Jr. said on X that from Aug. 18 to Aug. 28, the 30-day cumulative distribution by Bitcoin long-term holders rose from 174,500 BTC to 281,900 BTC, reaching the highest level since 2026 on Aug. 28. This metric accelerated during the rebound following a short squeeze in Bitcoin. During the same period, the long-term holder MVRV rose from 1.31 on Aug. 18 to 1.64 on Aug. 27, and was 1.60 on Aug. 31, indicating that the market value of Bitcoin held by long-term holders is about 60% higher than the average realized value.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.