Analysis of HODL waves reveals a speculative market at play

Quick Take The recent surge in Bitcoin holdings among short-term holders (STHs), defined as investors who have held Bitcoin for less than 155 days, points to a noticeable increase. Since December, STHs have beefed up their Bitcoin portfolios by approximately 450,000 BTC. However, contrary to usual market behavior, soft indicators like Google trends suggest that […] source: https://cryptoslate.com/insights/analysis-of-hodl-waves-reveals-a-speculative-market-at-play/