75% of Bitcoin has been hodled for at least the last 6 months
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn’t been sold or moved for the last six months. Go to Source
Hodling
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Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report Reveals
The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that, following months of significant distribution pressure, the trend is now shifting back toward accumulation. Report Shows … Read more
Hodling hard: Bitcoin’s long-term investors own over 76% of all BTC for the first time
BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should “do the math” as a result, analysis says. Go to Source
HODL Bitcoin or Trade Bitcoin – Crypto Adoptees Reveal Preferences
HODLING. When investors purchase cryptocurrency with the intent of deriving long-term price appreciation, the objective is to incrementally increase BTC holdings over time. The thinking behind this methodology is rooted in the demand/supply function. The supply of Bitcoin is limited to 21 million BTC, and there are currently 18,163,812 Bitcoins in circulation, with 86.49% of … Read more
Cryptocurrency Is the Main Income for 12% of Russian Crypto Users
Cryptocurrency is the main source of income for 12% of Russian speaking crypto users, according to a new survey. More than 90% of the respondents say they want to use digital coins as a means of payment, and a quarter of those interviewed are already doing that. 40% of the participants view cryptos like bitcoin … Read more
