Hold Tight! 3 in 4 Bitcoin HODLers Haven't Flinched in Over 6 Months
In the fluctuating realm of cryptocurrency, recent insights into bitcoin’s holding patterns have sparked interest and speculation among investors and market analysts alike Intriguingly, a substantial volume of bitcoin remains stationary, with around 75% of all circulating bitcoin having not moved for six months or more This phenomenon unveils a pronounced inclination towards holding among investors, despite the unpredictable market trends ## Understanding bitcoin's Holding Patterns Recent blockchain analytics have shed light on a compelling trend: a significant majority of bitcoin owners are choosing to hold onto their assets for extended periods Data from Glassnode’s HODL Waves chart, a visual representation of the age distribution of bitcoin held in wallets, indicates that 74% of bitcoin has not exchanged hands throughout most of 2024...
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