Stock Groups

Long-term Bitcoin bulls hodl strong despite five-month price high By Cointelegraph

[ad_1]

© Reuters.

On-chain analytics supplier glassnode stories that long-term holders are refusing to promote regardless of the BTC markets rallying to a five-month worth excessive.

In its Oct. 11 “Week on Chainreport, Glassnode famous that “long-term holders” — BTC wallets that haven’t seen outflows for greater than 155 days — are presently sitting on almost 13.3 million BTC or 70% of Bitcoin’s provide.