A healthy portion of Bitcoin hodlers refuse to let go of their coins no matter what BTC price action delivers.
Nearly half the available Bitcoin (BTC) supply has not moved in the past six months, onchain data confirms.
In the latest edition of its weekly newsletter, “The Week Onchain,” analytics firm Glassnode shows investors did not “sell the top” on BTC.
Bitcoin may have put in a new all-time high some five months ago, but a large section of the BTC investor base continues to double down on its holdings.