Print this page

Estimated reading time: 0 minutes, 24 seconds

HODLers Gonna HODL, New Blockchain Data Shows

New research suggests growth in Bitcoin being held between one month to half a year. This indicates that there is “strong conviction” behind the coin’s recent rally. So reports Coindesk.

bitcoin 3089728 640 smallThe data comes from on-chain data platform Glassnode and indicates new “HODLers” of Bitcoin are up 500% since October. “BTC purchased between $10,800 and $58,800 now represents 25% of the total supply with no sign of slowing down, based on Glassnode’s data,” according to the article.

Read the full article from Coindesk.

Read 2079 times
Rate this item
(0 votes)