Long-term investors are hodling, with 95% of Bitcoin trades involving ‘young coins’ By Cointelegraph
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.”
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.