People have discussed how there's been a lot of bitcoin selling among 5+ year hodlers.
What often gets left out of the discussion is that over time, more and more hodlers naturally age into being 5+ year hodlers. So, some long-term hodlers are selling, but that's part of more and more people becoming long-term hodlers.
At 30%, the percentage of bitcoin that has been unmoved onchain for 5+ years is near its peak level.
class of 2021 will show up there next year 🤟
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2021 huh... what, so you 2x'd your initial investment 🤣 loser 😂
if you assumed i only "invested" at some top, i assume you haven't even graduated yet
Relax, I'm just yanking your chain