Bitcoins short-term onchain momentum has weakened, but long-term demand remains solid, according to the latest Cryptoquant report, indicating that the current bull cycle appears to be in its late-stage accumulation phase rather than nearing a definitive end. Bitcoins Cycle Shows Signs of Maturity, Not Exhaustion Cryptoquants analysis highlights that mid-to-large bitcoin holders-dubbed the Dolphin cohort, []
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