Hodler Net Position Change clearly showed holders engaging in a vigorous accumulation spree. Examining the chart, it became evident that by the end of December, the distribution of BTC came to a halt, and accumulation took precedence.
This accumulation trend grew stronger around February, albeit with a subsequent decline. However, even in the face of this decline, one thing remained undeniable: accumulation persisted.As of this writing, holders are firmly entrenched in an accumulation regime, steadfastly absorbing an impressive monthly rate of over 27,000
. The chart also revealed that holders have accumulated across various price ranges, defying market trends. This behavior has persisted, even as Bitcoin experiences an upward trajectory, further highlighting the unwavering commitment of holders to accumulate this digital asset.supply is inactive, indicating a notable lack of on-chain movement.
in circulation, with a total supply cap of 20 million, over 15 million were currently yielding profits, while around 4 million remained in a state of loss. Notably, the chart highlighted that the upward trajectory in profit began in January.It’s worth noting that the supply in profit and loss are inversely correlated, as each Bitcoin must fall into one of these categories.
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