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Tanya44741
Feb 20, 2022 1:41 AM

BTC Remains Hoarded As Price Drops Long

Bitcoin / EuroCoinbase

Description

According to on-chain data, a majority of Bitcoins
BTC have not been moved in at least a year.

Crypto investors are holding on to their BTC despite Bitcoin’s performance. Long-term investors are adding to their positions or staying put on their BTC exposure.

At the time of reporting, over 60% of all Bitcoins have not moved in the last year.

According to Glassnode's HODL Waves indicator, as of Feb. 18, 60.61% of the BTC supply has not been transacted for a year or more.
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