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Analyst: Bitcoin short-term holders increased their holdings by 559,000 coins in the past quarter, indicating a large influx of new buyers into the market.
On October 8, CryptoQuant analyst Axel posted on social media stating, "In the past quarter, the supply of Bitcoin held by short-term holders increased by 559,000 coins, from 4.38 million coins to 4.94 million coins, indicating a large influx of new buyers into the market."