True Bitcoin HODLers Unfazed: Over 30% Of Supply Dormant Since 5 Years+
Summary
Over 30% of Bitcoin supply hasn't moved in 5 years. Long-term holders (LTHs) who have held for at least 5 years are considered resilient. Some coins may be lost, but most likely belong to LTHs. A recent decrease in supply held by these LTHs suggests rare selling activity, followed by a return to upward trajectory. Despite recent price crash, these LTHs remain steadfast, controlling over 30% of Bitcoin supply. Current Bitcoin price is around $55,600, down over 9% in the past week.
