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Data: 75% of Bitcoins have not been transferred within the past 6 months

Data: 75% of Bitcoins have not been transferred within the past 6 months

Bitget2024/08/19 00:51

According to Zerohedge, data from Bitcoin Magazine Pro shows that nearly 75% of circulating bitcoins have been idle for more than six months. Despite market volatility, this strong HODLing behavior reflects a firm belief in the long-term value of bitcoin. The dominance of old coins (coins held for 6 months or longer) suggests that long-term investors are increasingly holding onto bitcoin, possibly anticipating future price increases.

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