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Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021 -Breaking

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© Reuters.

SeasonedBTCThe data show that hodlers (or a subset of them) have not spent any coins, despite their $69,000 annual highs.

Based on data from the blockchain analytics firm, Coin Days Destroyed – (CDD). GlassnodeThe percentage of coins that are being used by older hands is still at or near historic lows.

Annotated Chart: Coin Days Destroyed (CDD). Source: UTXO Management/Twitter
Bitcoin Hodl Waves chart. Source: Unchained Capital