Bitcoin buyers from the past cycle are more stubborn than ever before, data shows, even after 165% year-to-date BTC price gains.
Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021
It’s “younger” BTC bought at the Summer $30,000 lows that’s moving in Q4, data shows.
Bitcoin holders who bought at $20K refuse to sell BTC at all-time highs — latest data
It may be a tempting sell at 3x gains but last November’s buyers remain determined to “hodl.”
New Bitcoin bull market hodlers are refusing to sell at $40K, data suggests
Those who bought Bitcoin this bull market are in no hurry to sell, says Glassnode, as small-time investor numbers also grow.
Early Bitcoin bull market buyers are hodling strong, but short term trading increasing
Data from Glassnode shows that bulls who accumulated during the second half of 2020 are still holding strong, despite a surge in short-term speculation this year.
Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining
Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly.
Three-quarters of circulating BTC last changed hands for less than $10,800
After a recent spike in profit-taking, long-term Bitcoin investors are back to offloading coins at the same rate they were in 2020.
Bitcoin rally slows as whales transfer wealth to retail investors
Crypto analytics firm Glassnode has spotted several indicators suggesting Bitcoin’s bulls could be slowing down.
Inactive Bitcoin Supply Reaches 4-Year High, Pointing to Bullish Sentiment
A majority of bitcoins haven’t moved in at least a year, according to on-chain data, signaling investor confidence amid macroeconomic uncertainty.