80% Of All Bitcoins Are Held By Long-term Investors.
According to Glassnode data, long-term holders (LTHs) possess 80% of the total circulating quantity of Bitcoin.
Long-term holders, which are defined as customers who have owned Bitcoin for at least six months, are typically the ones that provide the most support for the bottoms of Bitcoin's market cycles.
In Bitcoin markets, they are regarded as "smart money" and are frequently observed acquiring Bitcoin when markets are repressed.
@CryptoTrades #dailynews #bitcoin #btc #glassnode #hodl
According to Glassnode data, long-term holders (LTHs) possess 80% of the total circulating quantity of Bitcoin.
Long-term holders, which are defined as customers who have owned Bitcoin for at least six months, are typically the ones that provide the most support for the bottoms of Bitcoin's market cycles.
In Bitcoin markets, they are regarded as "smart money" and are frequently observed acquiring Bitcoin when markets are repressed.
@CryptoTrades #dailynews #bitcoin #btc #glassnode #hodl