Bitcoin HODLers are not selling: Inactive BTC supply hits 3-month low

Cointelegraph

Published Mar 28, 2021 11:09AM ET

Updated Mar 28, 2021 08:40PM ET

Long-time Bitcoin (BTC) HODLers are refraining from selling their holdings, on-chain data from Glassnode shows.

According to Glassnode’s "BTC Percent Supply Last Active 2+ Years" indicator, Bitcoin that was last moved well over two years ago reached a three-month low to 45.364%.

BTC Percent Supply Last Active 2+ Years. Source: Glassnode
Total BTC moving from all miners' wallets. Source: CryptoQuant
Bitcoin higher low formation. Source: Rekt Capital, TradingView.com

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