Bitcoin data shows a growing trend of dormancy as hodlers remain strong

10/18/2023 20:45
Bitcoin data shows a growing trend of dormancy as hodlers remain strong

The increasing trend of hodling and the dormancy of coins suggest a market strapped for liquidity and a reluctance among hodlers to transact.

Bitcoin data shows a growing trend of dormancy as hodlers remain strong Bitcoin data shows a growing trend of dormancy as hodlers remain strong 5 seconds ago · 2 min read

Bitcoin liquidity crisis looms as hodlers sit tight on historic high supply.

2 min read

Updated: October 18, 2023 at 1:07 pm

Bitcoin data shows a growing trend of dormancy as hodlers remain strong

Cover art/illustration via CryptoSlate

In the volatile world of Bitcoin, the movement - or lack thereof - of this cryptocurrency can reveal crucial insights about investor behavior and overall market health. Discover why the actions of long-term holders, those who've kept their assets for over 155 days, are a key factor in shaping market dynamics. Our latest data reveals a startling trend: the amount of BTC held by these holders has been steadily increasing, reaching a record-breaking 14.85 million BTC... But what does this mean for the future of the market? And how does it impact the accessibility of Bitcoin for new and current investors?

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