“Over +50k BTC per month are currently being Vaulted by HODLers, suggesting both a tightening supply and a widespread reluctance to transact,” Glassnode said in the latest weekly report, adding that the market is experiencing a sustained regime of coin dormancy.
Related posts
-
Bitcoin Technical Analysis: Market Indecision Holds Prices in a $3K Range
Bitcoin has danced between $95,575 and $96,050 in the past hour, boasting a market cap of... -
Public Canadian Firm Swaps CAD for BTC: Matador Technologies Joins the Bitcoin Treasury Revolution
According to an announcement unveiled on Monday, Matador Technologies Inc., a Canadian publicly listed outfit, declared... -
Bitcoin Short-Term Holders Fueling Potential Dip – $90K Support Crucial Level To Hold
Este artículo también está disponible en español. Bitcoin experienced a highly volatile trading session yesterday, with...