CryptoQuant Analyst: The decline in risks for long-term cryptocurrency holders supports the continuation of the market

ChainCatcher news, CryptoQuant analyst Axel Adler Jr posted on the X platform stating that while the current market price is rising, the risk for long-term holders (LTH) continues to decline, as expensive short-term holder (STH) tokens gradually mature and transition into the LTH group, pushing up the LTH realized price. This has resulted in LTH MVRV not significantly rising, thereby reducing normalized risk.

He pointed out that this is a healthy profit reset, the market structure is good, which means that under the circumstances of new funds absorbing the selling pressure from old holders, the market may continue to thrive.