Bitcoin’s Ups and Downs Don’t Faze Users: 75% of Bitcoin Holders Continue to HODL


Analysts say that 3/4 of all Bitcoins have remained in wallets for the past 6 months.

Despite Bitcoin’s fluctuating prices, the majority of its users remain unfazed. According to analysts, a striking 75% of Bitcoins have stayed dormant in wallets for the past six months. This insight comes from Glassnode’s HODL Wave chart. This instrument provides a macro view of the age of coins relative to the total coin supply. This data analysis helps determine the economic weight of the coin supply. Bitcoin remained stationary even in the face of a 21% drop from its peak value and hasn’t moved since it was last transacted.


When older coins prevail, this suggests that long-term investors perceive Bitcoin as a store of value and just hold it, likely anticipating higher future prices. 



#Bitcoin #HODL #CryptoInvesting #Blockchain #Cryptocurrency #Glassnode #CryptoMarket #BTC #LongTermInvesting #DigitalAssets

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