On-chain data shows that long-term Bitcoin holders have recently increased their dominance, suggesting a rise in HODLing conviction.
Bitcoin Long-Term Holder Supply Is Going Up Again
As explained by CryptoQuant author Axel Adler Jr in a new post on X, the supply of long-term holders is on the rise again The “long-term holders” (LTHs) here refer to the Bitcoin investors who have been holding onto their coins since more than 155 days ago.
The LTHs comprise one of the two main divisions of the BTC market based on holding time, with the other cohort being known as the “short-term holders” (STHs).
Historically, the LTHs have shown to be resilient HODLers, who don’t sell even when major changes in the market occur, like a rally or crash. The STHs, on the other hand, easily react to happenings in the market.
Below is a chart showing how the two groups’ supply dominance has changed over the last few years.
The graph shows that the Bitcoin LTHs had seen their supply sh
We współpracy z: https://bitcoinist.com/bitcoin-hodling-long-term-holder-supply-rising/
