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75% of Bitcoin Has Not Changed in 6+ Months, Indicating a Strong HODLing Trend
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75% of Bitcoin Has Not Changed in 6+ Months, Indicating a Strong HODLing Trend

Recent data from Bitcoin Magazine Pro reveals a significant trend among Bitcoin holders: nearly 75% of all circulating Bitcoin has been inactive for over six months. This strong HODLing behavior reflects an unwavering belief in Bitcoin’s long-term value, despite market fluctuations.

75% of Bitcoin Has Not Changed in 6+ Months, Indicating a Strong HODLing Trend

Bitcoin Magazine Pro X

The “HODL Waves” chart, a tool that visualizes the age of Bitcoins based on when they were last moved, illustrates how different groups of holders react to market conditions. The dominance of older coins (those held for 6 months or more) suggests that long-term investors are increasingly holding on to their Bitcoin, possibly in anticipation of future price increases.

This trend of HODLing is significant because it signals a reduced supply of Bitcoin available for trading, which could lead to greater price stability or even potential price appreciation as demand grows. The data also highlights the contrast between short-term traders and long-term investors, with the latter group — often considered “smart money” — more likely to hold onto their positions during periods of market volatility.

For new Bitcoin investors, this trend highlights the potential benefits of adopting a long-term investment strategy. Buying and holding Bitcoin consistently over time, rather than trying to time the market, is consistent with the behavior of those who have historically seen the biggest gains from holding Bitcoin.

For more detailed information, insights, and to sign up for access to Bitcoin Magazine Pro’s data and analysis, visit the official website here.