Distribution/Accumulation behavior from LTH HODlers ( LONG TERM HOLDERS)
This graph depicts the inflow age bands to the exchanges. When the inflow age ranges of 3Month-6Month and 6Month-12Month rose.
The market experienced a shakeout. This is the distribution behavior of long/mid-term hodlers. Even on the most bloody days of the market, these players' Hodling/Accumulation tendency may be detected.
During bearish market swings, short-term investors, have shown a lot of panic selling.
Long-term #HODLers aren't selling at the moment, and they're stockpiling BTC at present levels.