Long-term Bitcoin bulls hodl strong despite five-month price high By
© Reuters.
On-chain analytics provider Glassnode reported that long-term (BTC) holders are refusing to sell despite the BTC markets rallying to a five-month price high.
In its Monday “Week On-chain” report, Glassnode noted that “long-term holders” — BTC wallets that have not seen outflows for more than 155 days — are currently sitting on nearly 13.3 million BTC or 70% of Bitcoin’s supply.
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