Long-Term HODLer Supply Hits All-Time High
Today, long-term bitcoin holders control 12,711,385 BTC and have accumulated 460,078 BTC on a net basis over the last 30 days.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.The long-term bitcoin holder supply has hit a new all-time high as the relentless spot market accumulation continues. The total supply held by long-term holders hit an all-time high of 12,656,092 BTC on October 19, 2020 before gradually....
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Bitcoin HODLer volume suggests a prolonged correction is not likely, but that could change. Bitcoin (BTC) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak.Since October, as Cointelegraph reported, the HODLing activity of Bitcoin has continuously increased. Fewer HODLers have been moving their holdings, which indicates an overall bullish market sentiment.Bitcoin HODLer volume. Source: WhalemapWhy HODLer activity is important to assess Bitcoin....
On-chain data shows that long-term Bitcoin holders have seen their supply increase recently despite the FUD going around the market. Bitcoin HODLer Balance Has Registered An Increase Recently According to data from the market intelligence platform IntoTheBlock, the long-term holder supply has expanded recently. IntoTheBlock defines “long-term holders” (LTHs) or HODLers as those investors who […]
On-chain data shows that Bitcoin long-term holders now own 76.2% of the entire supply, a new all-time high for the cryptocurrency. 76.2% Of Bitcoin Supply Now Locked In Diamond Hand Holdings In a new post on X, Capriole Investments founder Charles Edwards talked about the trend in the supply of BTC long-term holders. The “long-term […]
The total illiquid Bitcoin has reached a new high, providing a bullish outlook for the flagship crypto. This refers to the BTC supply that is unlikely to hit the open, given the long-term holding of the investors who own these coins. Bitcoin’s Illiquid Supply Hits New High Glassnode data shows that Bitcoin’s illiquid supply has reached a new high of 14.3 million BTC, marking over 72% of the flagship’s circulating supply. This supply is held by long-term holders (LTHs) who haven’t moved their coins in over seven years, highlighting a strong conviction in the flagship crypto. Related....
Data shows the Bitcoin supply has now reached all-time high HODLing levels, a sign that could be bullish for the price of the crypto. Bitcoin HODLed Or Lost Coins Metric Has Hit A New ATH As per the latest weekly report from Glassnode, investors have been showing some aggressive accumulation behavior recently. There are a couple of relevant indicators here. The first is the “HODLed or Lost Coins,” which measures the total number of coins that have been sitting dormant on the blockchain. Such coins either belong to the HODLers, or are simply inside wallets that have been lost....