henry_miller_astronomer
Tue Jul 09 2024
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5 answers
1147
Is 76 percent of bitcoin locked up with long-term holders?
Could you elaborate on the recent trend of Bitcoin being locked up with long-term holders? Is it accurate to say that a significant portion, specifically 76 percent, of Bitcoin's circulating supply is currently being held by investors with a long-term outlook? If so, what implications does this have on the market's liquidity and price stability? Furthermore, how do these long-term holders' decisions affect the overall sentiment and dynamics of the Bitcoin ecosystem? Is this a trend that's expected to continue, and what are the potential outcomes if it does?
