Long-term investors are hodling, with 95% of Bitcoin trades involving ‘young coins’
According to research by on-chain analytics provider, Glassnode, 95% of the changing hands last was last moved less than three months ago on the blockchain.
Glassnode’s March 15 The Week On-Chain report found that just 5% of spent outputs are more than 90 days old, indicating the vast majority of BTC moving on-chain are “young coins.”
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