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Okay first off I never would have imagine a “long term holder” being someone who held BTC for 3 months. I think that makes it all the more concerning to me that 92% of inflows are from the last 3 months and a WHOOPING 83% are less than a week?!?! Like excuse me what?!?!?
Yes. All the paper hands are coming in. When was 3 months long term? Those are weak hands, too.
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