62% of $BTC supply hasn't moved in 4+ years
12.48M coins locked up by long-term holders
7.59M actively circulating
This is peak conviction. When supply is this tight and HODLers refuse to sell, even small demand shocks send price vertical.
The longer coins stay dormant, the more violent the next breakout.
12.48M coins locked up by long-term holders
7.59M actively circulating
This is peak conviction. When supply is this tight and HODLers refuse to sell, even small demand shocks send price vertical.
The longer coins stay dormant, the more violent the next breakout.