Derived from Criptonoticias, the article reports that financial analyst Willy Woo has criticized the long-term holder (LTH) metric as outdated and misleading. He argues that the term 'long-term holder' is a flawed concept, defined as any Bitcoin held for more than five months, and that its decline reflects custody rotation rather than selling by OG Bitcoiners. Woo notes that the drop in LTH supply is smaller in the current cycle compared to 2017 and suggests better metrics exist for market signals. The article also mentions that other analysts, such as Julio Moreno of CryptoQuant and Samson Mow of JAN3, agree with Woo's critique, emphasizing the need to focus on demand-side analysis rather than LTH movements.
Willy Woo Criticizes Long-Term Holder Metric in Bitcoin Analysis
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