Long-Term Bitcoin Hodlers Firmly Grasp Nearly Half of Network's Supply
CryptoNewsTerminal Staff02 Aug, 2024
Long-Term Bitcoin Hodlers Firmly Grasp Nearly Half of Network's Supply
The crypto analytics firm Glassnode recently published a report on Bitcoin, revealing that long-term holders of the asset now control close to half of the network's supply. This shift indicates a growing trend of investors holding onto their Bitcoin rather than selling it, which suggests long-term confidence in the asset's future value.