88.5% of Bitcoin’s supply has not moved for three months
Data shows that long-term Bitcoin (BTC) holders are still holding strong despite the modest price decline. According to a Nov. 2nd tweet by crypto fund founder Dylan LeClair, 88.5% of the total Bitcoin supply has not moved in over three months . This indicates that the majority of Bitcoin holders are not selling their coins. The hilarious thing is that 88.5% of the #bitcoin supply hasn't moved in the last three months . Wall Street is gonna have to really pump this thing to get hodlers to part with their coins. $BTC pic.twitter.com/CtD7GoA9ka — Dylan LeClair đźź (@DylanLeClair_) November 2, 2023 In a Nov. 3rd YouTube video, popular crypto influencer CryptosRUs also highlighted that Bitcoin holders are continuing to accumulate. He points to data showing that the number of Bitcoin holders and the amount of Bitcoin being held are near all-time highs. CryptosRUs believes the recent Bitcoin price decline is simply a healthy pullback following the rapid price surge, rat...