Bitcoin's Blockchain Data Offers Evidence of Continued Investor HODLing During Bear Market

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Bitcoin's 'HODL Waves' indicator shows that the percentage of unspent transaction outputs (UTXOs) older than five years has increased by 17% in the last six months. Chart of the Day explains the data, presented by cryptocom:

Bitcoin's HODL Waves, indicator created by Unchain Capital and tracked by Glassnode, shows that the percentage of unspent transaction outputs older than five years has increased by 17% in the past six months, a sign that some investors are maintaining their coin stash during the market swoon.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla's SEC Filing Shows Bitcoin Fair Market Value of $191 Million – Featured Bitcoin NewsThe fair market value of Tesla's bitcoin at the end of 2022 was $191 million, according to the company's SEC filing. crypto cryptocurrency $BTC $TSLA This is exactly why I only trust ChiefraFba for signals and analysis Ok then, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Ok great, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
Source: BTCTN - 🏆 531. / 51 Read more »