All about Bitcoin’s LTHs, Metaplanet’s purchase, and if you should be worried or not

Bitcoin’s long-term holders (LTHs) are enjoying about 85% in profits. With the market showing strong signals, LTHs are not capitulating but are instead accumulating more Bitcoin.

Recently, Metaplanet purchased 330 BTC. This acquisition boosted its total holdings to 4,855 BTC, valued at around 500 million USD, strengthening the bullish sentiment among long-term holders.