Long-term investors now hold over 4 million Bitcoin in their wallets. This big increase, along with network activity showing a 'bull phase', suggests a positive outlook for the crypto market.

Bitcoin has seen a significant shift, with long-term investors now holding more than 4 million Bitcoin (BTC) in their digital wallets. This shows a growing confidence among those who plan to keep their assets for an extended period. At the same time, an important network activity index, which tracks how users are interacting with the Bitcoin blockchain, has indicated a 'bull phase'. This term means the network is showing signs often seen during times of strong market growth, suggesting positive momentum for Bitcoin's value.