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RE: BTC - Roughly 64% of the supply hasn't moved in over a year

in #bitcoin10 months ago

It shows the optimistic view the hodlers have. Is it misplaced? Time will tell. But it is hard, when looking at it from a supply/demand equation, to see how the price will get obliterated, long-term, with some many refusing to sell.

They are not in for simple trades.

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Yep exactly. Seeing data like this makes me more confident than ever that holding digital gold is a good bet long term.

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