2024-09-01
Market intelligence platform, IntoTheBlock, posted on X that 30.7% of
Bitcoin’s total supply has remained dormant for over five years.
This indicates a strong conviction among long-term holders, often
referred to as “diamond hands,” who have held their BTC through various market
cycles.
This steadfast holding pattern is seen as a bullish sign for
Bitcoin’s future, showing that a significant portion of the market is in it for
the long haul.
