If the huge amount of BTC locked in the wallets of long‐term investors is anything to by, bitcoin’s nascent adopters are in no hurry to cash out. Many of the coins accrued and stored in the cryptocurrency’s earliest days have yet to move.Cryptocurrency attracts an eclectic mix of creatures. Bulls and bears notwithstanding, there appears to be a lot of squirrels, each in possession of acorns stashed in the cryptocurrency forest whose seeds are still taking root.
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- ‘HODLers Be HODLing’: 55% Of Bitcoin Sits in Multimillion Dollar Wallets bitcoinist.com on
Over half the Bitcoin supply sits in wallets holding over 200 coins ($1.25 million), indicating faith among major bagholders remains, new research Over half the Bitcoin supply sits in wallets with over $1.25 million, indicating faith among major bagholders remains, new research suggests..