Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Market Analysis
September 10, 2022 by secret
169
[ad_1] Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling. Market insight provider Glassnode explained: “Over 80% of the total USD denominated wealth invested in Bitcoin has been hodled for at least 3-months. This signifies that the majority of the Bitcoin  supply is dormant,