Bitcoin speculators hodl 2.8M BTC in ‘worst performing’ price cycle

Bitcoin unrealized losses mount, but unlike previous market cycles, BTC hodlers underwater are keeping a lid on their emotions.

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Bitcoin long-term holders are refusing to sell in the current BTC price cycle’s “deepest correction.”

In the latest edition of its weekly newsletter, The Week Onchain, crypto analytics firm Glassnode delivered good news on Bitcoin (BTC) hodler resilience.

Bitcoin may be experiencing its heaviest drawdown of the current bull market, but its “diamond hands” show no sign of panicking.

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