Seasoned Bitcoin (BTC) hodlers are about to spark a new price run-up by hoarding BTC, data reveals this week.
According to on-chain monitoring resource Glassnode, the Bitcoin supply is due to put in a fresh aging process.
1-year-old supply bottoms out
Highlighting its active supply metric, Glassnode researchers noted that the percentage of the Bitcoin supply, which last moved a year ago or more, is forming a local bottom.
Under such circumstances in the past, holders or “hodlers,” fresh from…
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