.coinbase research shows long-term investors are HODLing bitcoin, which makes up 77% of the total $BTC supply — well above the peak of 60% during the bull rally of late 2017. Chart of the Day explains the data, presented by cryptocom:
Long-term bitcoin investors have preserved their holdings in recent weeks even as speculators flee the market, driving the cryptocurrency below $20,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
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