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Unpopular opinion:

Long Term Holder in #bitcoin onchain is misleading in terms IMHO because an onchain address became "Long Hold Term" after only six months of holding sats inside. That's not enough in my opinion

Holding for 6 months during a bull market is not like holding 6 months in a bear market, and having maybe other statistics for that like, 12 months Long term Holder and even 24 months long term holder could give much more infos about supply moving and real holders selling.

I know coin's spent days helps with that, but is a total different metric I think.

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Discussion

IntuitiveGuy☯️ 1y ago

nostr:nprofile1qqsqjqj5sqd8arjsskczuugkytcdlgdg25p5jwhjg64y9tcg7hjd9hcpzdmhxue69uhhwmm59e6hg7r09ehkuef08xprj2 if you are on #nostr sometimes still, help!

CB 1y ago

It would be interesting to overlay these metrics with the Mayer Multiple or something similar. It would provide an interesting view of holding under pressure. A barometer reading of sorts.

IntuitiveGuy☯️ 1y ago

👀 that's sounds very interesting! I miss nostr:nprofile1qqsqt6gwlarurc8v4aw9hh2vkfdedxfh9zngmza0tlw4e66wf3fzvjqpzdmhxue69uhhwmm59e6hg7r09ehkuef0cryayt and other onchain analysts that post on X.. it's very likely the only content I miss from Twitter.. when I stop to use it, that was the name.

CB 1y ago

Looks like he publishing on substack now.

https://newsletter.checkonchain.com/

IntuitiveGuy☯️ 1y ago

Yeah he has a YouTube channel too, but post vodeos randomly and not that often, but they are bangers 🤙🏼