40% of $BTC supply hasn't moved since 2022 or earlier — 7.99M coins sitting cold.
60% (12.1M $BTC) has changed hands in the last 4 years.
This is pure conviction vs. active rotation. The longer coins stay dormant, the tighter the liquid supply gets.
HODL culture is real. Supply shock mechanics still in play.
60% (12.1M $BTC) has changed hands in the last 4 years.
This is pure conviction vs. active rotation. The longer coins stay dormant, the tighter the liquid supply gets.
HODL culture is real. Supply shock mechanics still in play.
