Analysts Record Unprecedented Volume of ‘Awakened’ Bitcoins
The volume of digital gold, inactive for over seven years, moved since the beginning of the year has reached a historic high.The act of holding onto cryptocurrency rather than selling it, often used in the context of Bitcoin and other digital currencies.
Analysts Record Unprecedented Volume of ‘Awakened’ Bitcoins
The volume of digital gold, inactive for over seven years, moved since the beginning of the year has reached a historic high.
The Resilient Holders Outshine FOMO Traders: Expert Analyzes Bitcoin Market Dynamics
The market is witnessing a clash between speculative short-term Bitcoin holders and long-term investors, with the latter emerging victorious. This observation was made by CryptoQuant author known as IT Tech. Source: CryptoQuant. According to the analyst, the dominance of supply by LTH remains high, indicating strong confidence in growth. The “diamond hands” continue to accumulate […]
Glassnode: long-term holders keep selling bitcoin, but at a slower pace
Even with prices about 12% below ATH, long-term holders of the first cryptocurrency (LTHs) are still distributing, but at a slower pace, Glassnode analysts wrote. Even at prices about 12% below ATH, #Bitcoin Long-Term Holders (LTHs) are still distributing, but at a slower rate. Yet, the 30-day percent change in LTH supply suggests that the […]
Trader Multiplies Profit 161-Fold with MANTRA Token
A trader transformed $38,700 into $6.27 million by holding the MANTRA (OM) token for 18 months, as highlighted by analysts at Lookonchain. After holding $OM for nearly 18 months, this trader turned $38.7K into $6.27M, a 161x return! On June 6, 2023, this trader withdrew 1.49M $OM($38.7K) from #Binance, when the price was only $0.026. […]
Glassnode Reports 74% of Bitcoins Now Classified as ‘Hodling’
Despite a 21% correction in bitcoin from its ATH, 74% of coins have not been sold or moved in the past six months, according to data from Glassnode. Data: Glassnode. According to the HODL Waves chart, on August 11, the share of bitcoins held by long-term investors rose to 45%. Earlier, analysts noted that the […]
Bitcoin held by hodlers reaches five-year high
The total amount of lost bitcoins, as well as the digital gold on the wallets of long-term crypto investors, reached a five-year high.
Michael Saylor confirms readiness to hold Bitcoin after 40% price drop
Michael Saylor, head of analytics software maker MicroStrategy, told Bloomberg that he remains committed to a strategy of buying and holding Bitcoin, despite a 40% drop from its ATH.
Changpeng Zhao: to avoid stress, adopt an HODL strategy rather than trading
Binance chief Changpeng Zhao advised all traders who feel stressed by every price dip to switch to an HODL strategy.We use cookies to improve the quality of our service.
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