Glassnode: 75% BTC was last moved on the network at a price lower $10 800 – Bits Media

Almost 75% BTC in circulation last time participated in transactions at a price below $10 800. This suggests, that most market participants – Long -term investors.

According to the report
Glassnode Week on Chain от 29 Martha, only 25.43% BTC was last bargained in circulation for a price from $ 10 800 to $58 800. According to analysts, every fourth BTC last moved either in the second quarter 2020 of the year, or in the first quarter 2021 of the year.

Analysts note, that the number of long -term "bulls" BTC continues to grow, And many coins, which have not moved from the beginning of the current market cycle, Now classified Glassnode as long -term investments. These include coins, which were last moved on the network more 155 days ago.

As a result, the number of coins, classified as "withdrawn from the sentence", It increased sharply in 2021 year. According to the report, The rate of accumulation of coins, exceeding 130 000 BTC per month, Supported throughout the "bull" market.

The Glassnode Coin Days Destroyed indicator also indicates an increase in user number, adhering to the Hodl strategy, Among the long -term investors. Moreover, analysts suggest, that experienced investors again make a profit at speed, comparable with 2020 year, After a surge of fixation, arrived from November to January.

“The main conclusion is, that investors and traders continued to buy BTC throughout the "bull" market ", – Analysts of Glassnode write.

There is another method for analyzing inactive bitcoins, which consists in that, to group coins according to the duration of the period, when BTC did not move. This analysis of data, called Hodl Waves, It was first proposed
Unchained Capital в 2018 year, To demonstrate macroscopic changes in the possession and use of BTC. He can also give an idea of ​​the mood of investors.

According to the Hodl Waves from Unchained Capital, Two -thirds of BTC in circulation have moved over the past six months, And approximately half of them last participated in transactions in January or February. Approximately 5% BTC has been active over the past seven days.

Recall, that in mid -March the number of bitcoins, the last time moving more than ten years ago, Reached
2 Milln BTC, and the number of wallets with a balance is more 10 BTC fell to a two -year minimum.