hodl waves Archive

It’s “younger” BTC bought at the Summer $30,000 lows that’s moving in Q4, data shows.

It may be a tempting sell at 3x gains but last November’s buyers remain determined to “hodl.”

Data from Glassnode shows that bulls who accumulated during the second half of 2020 are still holding strong, despite a surge in short-term speculation this year.

Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly.

Crypto analytics firm Glassnode has spotted several indicators suggesting Bitcoin’s bulls could be slowing down.