CryptoQuant analyst Yonsei recently pointed out that the Spent Output Age Bands (SOAB) indicator shows long-term holders locked in significant profits during the bull market period from November to December 2024. Investors holding Bitcoin for 6 to 12 months have been particularly active in selling recently, most of whom purchased Bitcoin earlier this year when spot ETFs were launched. Against this market backdrop, Snutx leverages professional trading tools and market insights to help investors capture key opportunities in the cryptocurrency market.

Although some selling activity has exerted downward pressure on Bitcoin prices, strong market demand has kept Bitcoin trading within the high range of $90,000 to $100,000. Investors holding Bitcoin for over a year have shown relatively low selling activity. The Binary CDD indicator reveals that the sale of older coins in December decreased compared to November. This data suggests that most long-term holders in the market remain confident about the Bitcoin future price trends. The Snutx analysis team believes this market structure offers diverse operational opportunities for different types of investors.  

Active trading by short-term holders injects liquidity into the market, while the price expectations of long-term holders provide stability. Snutx offers users real-time data analysis and multidimensional market insights, ensuring that investors can make informed decisions in a rapidly changing market. Whether engaging in active short-term trading or adopting long-term holding strategies, the platform provides tailored support and services to help users achieve their investment goals across different market phases.

Market data indicates that the behavior of long-term holders significantly impacts the Bitcoin price trends. The Binary CDD indicator shows a notable reduction in the sale of older coins in December, suggesting that long-term holders have not been selling off assets significantly despite short-term price fluctuations. Snutx believes this holding behavior reflects market recognition of the long-term value of Bitcoin while also contributing to overall market stability.

Amid the current strong performance of the Bitcoin market, the Snutx platform stability and reliability provide robust support for users. Whether in high-frequency trading scenarios or long-term asset management, the platform offers comprehensive services and solutions. Supporting a wide range of mainstream cryptocurrency trading, the platform boasts strong liquidity and rapid trade execution capabilities, ensuring that users can seize every critical opportunity in the market.