War on Bitcoin: They Are Collecting the Goods of Those Selling at a Loss! - Coin Bulletin

While a war is ongoing over the price of Bitcoin (BTC), they are collecting the goods of those who are selling at a loss.

According to the latest report by the CryptoQuant analyst, short-term investors are panicking and selling their Bitcoins at a loss, while long-term investors are quietly accumulating.

The price of Bitcoin lost approximately 15% of its value over the past week, dropping from 88,000 dollars to 74,400 dollars. Although this sudden decline has worried investors, a CryptoQuant analyst revealed that a much more interesting and significant transformation is occurring behind the price movements.

CryptoQuant analyst states that short-term investors experienced a realized loss of approximately $10 billion on April 7th. This indicates that short-term investors are panic selling their Bitcoins at a loss. On the same day, it is observed that long-term investors acquired $9.7 billion worth of Bitcoin and made a significant amount of Bitcoin purchases.

This activity is not a random occurrence. While short-term investors accept losses and pull out of the market, long-term investors are acquiring Bitcoin at lower prices to establish stronger positions. A CryptoQuant analyst states that such movements historically indicate the final stage of market corrections or the beginning of a new bullish period.

On April 8, the selling by short-term investors slowed down, dropping to as low as 693 million dollars. Long-term investors, on the other hand, continued to accumulate Bitcoin, making an additional purchase of 1.13 billion dollars. This situation indicates that the transition of the market from weak hands to strong hands is ongoing.