Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling.
Data from on-chain analytics firm Glassnode shows that despite price volatility, over 60% of the BTC supply has not left its wallet in a year or more.
Strong hands have rarely been stronger
Stubborn hodling by long-term investors is a characteristic that differentiates the current Bitcoin market climate from most other downtrends.
With spot price action passing 50%…
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