Bitcoin's Potential Trend Adjustment Analyzed by On-Chain Data Expert

According to BlockBeats, on-chain data analyst Murphy has suggested that if Bitcoin's fluctuations since August 13 are viewed as a major trend adjustment, the adjustment may not yet be complete. So far, all losses have been attributed to short-term holders, while long-term holders have not contributed to the losses, maintaining a 0% loss ratio. From this perspective, the current situation does not align with the most panic-driven moments of a downward trend. On-chain data indicates that the point at which long-term holders might experience panic is not far off source: https://www.binance.com/en/square/post/30297711658266?utm_source=BinanceNewsRSS