Small and medium hodlers control 40% of the Bitcoin supply — data
Distribution "keeps getting better," says Willy Woo amid continued claims that Bitcoin as a network is too centralized. Bitcoin (BTC) ownership is becoming more decentralized every day, data shows, allaying fears that the supply is being controlled by an elite.Data from Glassnode reproduced by statistician Willy Woo on Feb. 3 shows that the number of smaller Bitcoin holders and those holding coins on behalf of clients keeps growing.Bitcoin in the hands of the little guyDespite BTC/USD rising to record highs in recent weeks, more, not fewer, small investors are coming in board. At the same....
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On-chain data shows the Bitcoin supply older than 1 year hasn’t moved much recently despite the uncertainty due to the war. Bitcoin Hodlers Stay Strong As They Refuse To Move Their Supply According to the latest weekly report from Glassnode, the BTC supply older than a year hasn’t shown much movement recently, suggesting that conviction […]
Unrealized losses are hitting both long-term and short-term holders this week, with half of the supply underwater in wallets. Bitcoin (BTC) is setting unenviable records this week as hodlers big and small battle some major pain.Data from on-chain analytics firm Glassnode shows over one-third of the BTC supply being held at a loss by long-term hodlers (LTHs) — a new all-time high.Long-term holders shoulder record unrealized lossesProfitability has taken a serious hit in recent days, and on-chain data confirms that even the most seasoned investors are suffering.As BTC/USD crashed to two-year....
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 the Ethereum long-term holders have recently been increasing their total share of the cryptocurrency’s supply. Ethereum HODLers Currently Carry The Majority Of ETH Supply According to data shared by the market intelligence platform IntoTheBlock in a post on X, the Ethereum long-term holder supply has been on the rise recently. The “long-term […]
The proportion of the BTC supply dormant for at least a year looks set to increase after putting in local lows. Seasoned Bitcoin (BTC) hodlers are about to spark a new price run-up by hoarding BTC, data reveals this week.According to on-chain monitoring resource Glassnode, the Bitcoin supply is due to put in a fresh ageing process.1-year-old supply bottoms outHighlighting its active supply metric, Glassnode researchers noted that the percentage of the Bitcoin supply which last moved a year ago or more is forming a local bottom.Under such circumstances in the past, holders or "hodlers,"....