Tag: UTXO

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Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021

December 28, 2021

It’s “younger” BTC bought at the summer $30,000 lows that’s moving in Q4, data shows. Seasoned Bitcoin (BTC) hodlers have hardly spent any coins despite $69,000 all-time highs this year, data shows. According to the Coin Days Destroyed (CDD) metric from on-chain analytics firm Glassnode, the proportion of coins being spent by old hands remains…
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Bitcoin’s $1 trillion market holds for 10 days straight

April 6, 2021

Bitcoin’s trillion-dollar market capitalization has held strong since March 26. More than 10% of BTC supply has been moved while Bitcoin’s market capitalization has been more than a trillion dollars since March 26, indicating strong support in the middle and upper-$50,000 price range. According to the April 5 ‘Week on Chain’ report from on-chain analytics…
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