On-chain data shows that Bitcoin long-term holders haven’t sold much during the recent downtrend, as their supply is still near an all-time high (ATH).
Various Bitcoin Long-Term Holder Groups Have Supplies Still Near ATH
According to the latest weekly report from Glassnode, most of the long-term holders have continued to HODL strong recently. The “long-term holders” (LTHs) refer to the Bitcoin investors who have kept their coins dormant since at least 155 days ago.
The LTHs comprise one of the two main divisions of the BTC market based on holding time, with the other cohort being known as the “short-term holders” (STHs).
Statistically, the longer an investor holds onto their coins, the less likely they become to sell at any point. As such, the LTHs have always been the more resolute investor groups of the two.
One way to track the behavior of these HODLers is through the combined amount of supply they are carrying in their wallets right now. In the report, Glassnode hasn’t
We współpracy z: https://bitcoinist.com/hodling-steady-bitcoin-long-term-holder-supply-ath/
