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Volf Web3
🐳 Long-Term Bitcoin Holders Are Becoming More Active
Bitcoin held for more than 6 months now accounts for 12.7% of total BTC spent volume in this cycle.
That’s up significantly from 6.8% in the previous cycle. 📊
This doesn’t mean all these $BTC are being sold. Some may simply be moving between wallets or to exchanges.
But one thing is clear older BTC is moving more than before. 👀
Is long-term holder activity about to become a bigger factor in the market?
#Bitcoin #BTC #Crypto #OnChain
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