Replying to Avatar captjack 🏴‍☠️✨💜

#UTXOs younger than 6 months now account for less than 20% of #bitcoin's total supply.

80%+ of all #bitcoin has not been moved in 182 days, and the 2024 halving is only ~195 days away.
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Water Blower 2y ago

Not a good sign for circulation

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captjack 🏴‍☠️✨💜 2y ago

old hodl spend a bit moving to LN spending layer once a year maybe guessing

"bad money drives out good" remember - so some people will HODL in mainnet until fate of dollar is fixed