Bitcoin 'liveliness' lowest since 2021 amid new 5-year BTC hodl record
More of the BTC supply has stayed in its wallet for five years or longer than ever before. Bitcoin (BTC) long-term holders are knuckling down as a record portion of the BTC supply stays dormant for years.Data from on-chain analytics firm Glassnode confirms that the percentage of the supply now stationary for at least five years is higher than ever.2017 BTC buyers not this year's sellersBitcoin has recovered almost 40% from its macro lows of $17,600 just two months ago, but for the cryptocurrency’s diamond hands, it has been a non-event.Those who purchased BTC in 2017 or earlier continue to....
Related News
Majority of traders have held Bitcoin for one year and above, 32% held for BTC one month up to a year and 6% have held for less than a month, data reveals. Despite the uncertainties brought about by the bear market, on-chain metrics show that the majority of Bitcoin (BTC) traders have been using a very simple trading strategy for more than a year: hodling. According to data from the trading analysis platform TipRanks, while on-chain signals remain bearish for BTC, 62% of wallets have held BTC for one year and above. On the other hand, 32% of wallets are shown to have held for a month up to....
The Liveliness on-chain metric tracks accumulation and distribution behavior of bitcoin holders, corresponding to price.
INTERNET CITY, DUBAI, Aug. 17, 2021.— LBank, a global digital asset trading platform, will list HODL on August 20, 2021. For all LBank users, the HODL/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on August 20. Decentralized finance is playing an increasingly important role in the crypto world. It is unsurprising […]
An Arcane Research report has revealed that Bitcoin daily trading volume has dipped to the lowest point of 2021. Bitcoin Activity Seems To Be Slowing Down As BTC’s price continues to stagnate, the daily trading volume on the leading spot exchanges has dropped to the lowest it has ever been in the year 2021. Here […]
Glassnode data reveals that investors with a long-term risk outlook have started accumulating Bitcoin during its recent downtrend. Bitcoin (BTC) price remained relatively flat over the weekend, inching closer to $34,000 on July 11. Nevertheless, BTC/USD has tumbled by almost 50% from its all-time high, near $65,000 in mid-April. But the massive downside move has not deterred investors from betting on the digital asset's long-term bullish outlook.According to one of the Glassnode metrics, dubbed as Liveliness, the Bitcoin market has been noticing a shift in long-term investors' "macro....