Summary: The recent Bitfinex Alpha report indicates a shift in Bitcoin ownership towards short-term investors. Short-term Bitcoin holders, who typically hold Bitcoin for less than 155 days, have increased their activity, with their combined holdings rising by nearly 55% from January to mid-April. This surge is primarily driven by the popularity of spot Bitcoin ETFs. On the other hand, long-term Bitcoin holders demonstrate confidence in the market, with many selling significant amounts of BTC after it reached a new all-time high in March. However, recent data shows a trend of long-term holders accumulating Bitcoin and holding onto their investments. Bitcoin whales are also accumulating Bitcoin, reminiscent of the pre-2020 bull run.
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Report: Bitcoin sees a surge in short-term investors
