Long-Term Holder Transfer Volume in Loss

Long-Term Holder Transfer Volume in Loss is used to track the number of BTC that moved on the current day and held for ≥ 155 days, and the price of the last move was higher than the current price.

When the value of this indicator gradually decreases until it continues to be 0, historically, it often corresponds to the main uptrend of the market.

This indicator can be used as an auxiliary indicator for judging the bottom range of the market, that is, when other indicators have been used to judge that the market is close to the bottom range, and the value of this indicator changes rapidly and sharply from a high point to a downward trend. Historically, it has often signaled that the market is about to come out of a bear market.

The reason for this phenomenon is that long-term holders are the strong players in the market. When the group is no longer willing to sell at a loss, it means that more bloody chips have been changed hands, and the market has been washed, which often corresponds to the bottom range of the market.