Bitcoin (BTC) long-term holders are knuckling down as a record portion of the BTC supply stays dormant for years.
Data from on-chain analytics firm Glassnode confirms that the percentage of the supply now stationary for at least five years is higher than ever.
2017 BTC buyers not this year’s sellers
Bitcoin has recovered almost 40% from its macro lows of $17,600 just two months ago, but for the cryptocurrency’s diamond hands, it has been a non-event.
Those who purchased BTC in 2017 or earlier…
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