Bitcoinist
2020-08-25 08:27:20

Bitcoin HODLing Behavior Hits 3-Year High; Another Bullish Sign

A large number of investors have stopped trading Bitcoin. Instead, they are following the classic buy-and-hold strategy. Data fetched by Glassnode showed that about 8 million Bitcoin tokens have not moved in at least three years. That makes up 44 percent of the total cryptocurrency supply, a level–as Glassnode noted–one has not seen in over three years. The so-called “HODling sentiment” started gaining momentum in the late 2019s. Back then, the price of Bitcoin had […]

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