In the volatile world of Bitcoin, the movement - or lack thereof - of this cryptocurrency can reveal crucial insights about investor behavior and overall market health. Discover why the actions of long-term holders, those who've kept their assets for over 155 days, are a key factor in shaping market dynamics. Our latest data reveals a startling trend: the amount of BTC held by these holders has been steadily increasing, reaching a record-breaking 14.85 million BTC... But what does this mean for the future of the market? And how does it impact the accessibility of Bitcoin for new and current investors?
Bitcoin data shows a growing trend of dormancy as hodlers remain strong Bitcoin data shows a growing trend of dormancy as hodlers remain strong
Bitcoin liquidity crisis looms as hodlers sit tight on historic high supply.
2 min read
Updated: Oct. 19, 2023 at 2:20 am UTC
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.