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Analysts: The group of short-term BTC holders has increased their holdings by 1 million BTC since August and continues to buy.
On November 11, CryptoQuant analyst Axel posted on social media that since August, the open interest of the BTC short-term holders (STH) group has risen by 1 million BTC, currently reaching 5.4 million, an increase of 24.7%. Although these holders are currently in a state of loss, new investors are still getting on board to buy.