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HomeAnalysisBitcoin HODLing Has Never Been More Popular

Bitcoin HODLing Has Never Been More Popular

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TL;TD:

Investors are increasingly holding onto their bitcoin (BTC) for longer periods, with a record 68% of BTC being held for at least a year. The prevalence of long-term holding in crypto suggests bullish sentiment, as investors choose to hold on rather than sell. The long-term holder supply has reached an all-time high of 14.46 million bitcoin. Glassnode’s Liveliness metric indicates that investors are continuing to HODL, as it has fallen to the lowest level since December 2020.

Facts

  • 📈 Record holding: 68% of BTC is being held for at least a year.
  • 🚀 Bullish sentiment: Investors choosing to hold on to bitcoin is seen as a positive indicator.
  • 💼 Long-term holder supply: Reached an all-time high of 14.46 million bitcoin.
  • ⏰ Liveliness metric: Glassnode’s Liveliness metric shows investors are hanging onto their BTC, with the lowest level recorded since December 2020.

Source: Coindesk

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