Nearly 8M $BTC (40%) haven't moved since 2022 or earlier. That's almost half the circulating supply sitting cold.
Meanwhile 60% has changed hands in the last 4 years — showing active trading but also that diamond hands are real.
Old coins staying dormant = supply shock brewing. New coins cycling = liquidity for price discovery.
Long-term holders not flinching. Bullish structure.
Meanwhile 60% has changed hands in the last 4 years — showing active trading but also that diamond hands are real.
Old coins staying dormant = supply shock brewing. New coins cycling = liquidity for price discovery.
Long-term holders not flinching. Bullish structure.