[ad_1]
Fast Take
Glassnode defines long-term holders (LTH) as holders of Bitcoin (BTC) for 155 days.
155 days in the past would put us round November 23, 2022, after the collapse — We should always now anticipate to see cash turning into LTHs.
LTH provide is now at an all-time excessive of 14,282,817 million Bitcoin.
Whereas the 30-day internet place change of LTHs is at a year-to-date excessive, accumulating 161,000 Bitcoin previously 30 days.
The unrealized realized value distribution (URPD) metric: the availability is proven within the value bucket — at which the respective entity has (on common) acquired its cash. As you may see, most cash acquired at $15,500 have now turned blue — indicating LTHs.
The publish Lengthy-term holders hit all-time excessive – roughly 5 months after FTX collapse appeared first on CryptoSlate.
[ad_2]
Source link
