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Data: 75% of Bitcoin has not been transferred in 6 months

2024-08-19 08:41:13

ChainCatcher news, according to a report by Zerohedge, Bitcoin Magazine Pro data shows that nearly 75% of circulating Bitcoin has been idle for over six months. Despite market volatility, this strong HODLing behavior reflects a firm belief in Bitcoin's long-term value. The dominance of old coins (coins held for six months or longer) indicates that long-term investors are increasingly holding Bitcoin, possibly anticipating future price increases.

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