Bitcoin Belief Still Alive: HODLer Supply Grows By Another 959,000 BTC

Quick Summary:

On-chain data shows the Bitcoin long-term holders have seen their supply register a sharp net increase over the past month.

Bitcoin Long-Term Holder Supply Is Rapidly Growing Right Now As explained by CryptoQuant community manager Maartunn in a new post on X, BTC supply has recently been maturing into the long-term holder cohort.

On the other hand, if it is below zero, it suggests a net number of coins are exiting this cohort’s holdings.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: Bitcoin News Bitcoin Long-Term Holders Bitcoin Belief Bitcoin HODLing BTCUSDT Btc Bitcoin HODLers Bitcoin Bitcoin Long-Term Holder Supply

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 10:30:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22862116

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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