Mature Bitcoin Wealth Taps an All-Time High — Diamond Hands Trend Highlights ...
After bitcoin neared $25K roughly 44 days ago, the crypto asset’s price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into “severe unrealized loss.” Long-term holders, on the other hand, are holding strong and Glassnode researchers say numerous metrics are “displaying a full cycle detox.” Long-Term Bitcoin Holders Hold Tight The crypto bear market continues to plague short-term holders, according to a recent onchain newsletter written by....
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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 Lightning Network community Diamond Hands partnered with ZEBEDEE and Mimesis Capital to further adoption in Asia through bitcoin gaming and education.
Data shows that while number of Bitcoin whales is going down, the remaining ones keep on accumulating more during dips. The Remaining Bitcoin Whales Show Diamond Hands As They Buy More Dips As per the latest Arcane Research report, BTC whales continue to accumulate despite the total number of them going down over the past […]
On-chain data shows Bitcoin miners have held strong and not dumped the coin despite the recent uncertainty due to the Russian invasion of Ukraine. Bitcoin Miners Show Diamond Hands As They Continue To Hodl As pointed out by an analyst in a CryptoQuant post, the BTC miner reserve hasn’t observed any significant falls recently despite […]
Despite the recent fearful market, Bitcoin hodlers show diamond hands as coins aged 12-18 months touch a 2-year high. Coins Matured To 12-18 Months Revisit A High Not Seen Since 2 Years As pointed out by an analyst in a CryptoQuant post, BTC hodlers have held strong recently as coins aged 12-18 months have seen a sharp spike recently. The relevant on-chain indicator here is the Bitcoin Sum Coin Age (SCA) Distribution that shows the distribution of coins among the different holders in the market. The metric works by looking at each coin on the chain and measuring how many days it has been....