{"id":68664,"date":"2022-10-17T10:55:26","date_gmt":"2022-10-17T07:55:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68664"},"modified":"2025-09-07T15:25:01","modified_gmt":"2025-09-07T12:25:01","slug":"bitcoin-held-by-hodlers-reaches-five-year-high","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-held-by-hodlers-reaches-five-year-high\/","title":{"rendered":"Bitcoin held by hodlers reaches five-year high"},"content":{"rendered":"<p>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 (7,554,982.124 BTC).<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcc8 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> Amount of HODLed or Lost Coins just reached a 5-year high of 7,554,982.124 BTC<\/p>\n<p>View metric:<a href=\"https:\/\/t.co\/dJK8rxkket\">https:\/\/t.co\/dJK8rxkket<\/a> <a href=\"https:\/\/t.co\/rUMNGYgtIM\">pic.twitter.com\/rUMNGYgtIM<\/a><\/p>\n<p>\u2014 glassnode alerts (@glassnodealerts) <a href=\"https:\/\/twitter.com\/glassnodealerts\/status\/1581861465207672833?ref_src=twsrc%5Etfw\">October 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script<\/script><\/p>\n<p>An uptick in the metric suggests that the active circulating supply of bitcoin is shrinking. That could bode well for the price of the flagship cryptocurrency, provided demand remains robust or grows.<\/p>\n<p>On the other hand, QryptoQuant analysts noted the continuation of the bear market.<\/p>\n<p><script async=\"\" src=\"https:\/\/telegram.org\/js\/telegram-widget.js?21\" data-telegram-post=\"cryptoquant_official\/1376\" data-width=\"100%\"><\/script><\/p>\n<p>According to their observations, investors who bought bitcoin after December 2020 are now in the red. Consequently, the long-term <a href=\"https:\/\/forklog.com\/en\/news\/when-will-bitcoins-price-resume-its-rise-a-guide-to-on-chain-indicators\">SOPR<\/a> is unlikely to resume its upward trend in the near term.<\/p>\n<p>The Fear and Greed Index for cryptocurrencies has been signaling extremely concerning market sentiment for more than a month.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"766\" height=\"342\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Fear-and-Greed.png\" alt=\"Bitcoin held by hodlers on wallets reaches five-year high\" class=\"wp-image-187838\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Fear-and-Greed.png 766w, https:\/\/forklog.com\/wp-content\/uploads\/Fear-and-Greed-300x134.png 300w\" sizes=\"auto, (max-width: 766px) 100vw, 766px\" \/><figcaption>Data: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">Alternative.me<\/a>.<\/figcaption><\/figure>\n<p>Earlier, Galaxy Digital founder Mike Novogratz <a href=\"https:\/\/forklog.com\/en\/news\/mike-novogratz-forecasts-bear-market-duration-in-crypto-markets\">predicted<\/a> that the bear market phase would last another two to six months.<\/p>\n<p>Read ForkLog's Bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":1,"featured_media":68665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1658,1268],"class_list":["post-68664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-hodling","tag-on-chain-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=68664"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68664\/revisions"}],"predecessor-version":[{"id":68666,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68664\/revisions\/68666"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/68665"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=68664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=68664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=68664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}