2015-2017 Hodlers = Diamond Hands?

So if hodlers from 2015-2017 have diamond hands, do those from earlier have adamantium hands? Hmmm….

People who bought Bitcoin in 2017 becoming the strongest HODLers, new data shows

“According to Unchained’s HODL Waves chart, which ranks the supply according to when coins last moved, those who bought three to five years ago are sitting on their investment.

Since the cross-asset crash of March 2020, when BTC/USD fell to lows of $3,600, the percentage of the BTC supply that last moved between February 2016 and February 2018 increased from 5.57% to 13.38%.

In other words, the uptrend in price during 2019, much of 2020 and all of 2021 has not made 2017 bull run investors sell after surviving the multi-year bear market.

By contrast, the five to seven-year and seven to ten-year hodl crowd has been reducing its presence over the past year.”

https://cointelegraph.com/news/people-who-bought-bitcoin-in-2017-becoming-the-strongest-hodlers-new-data-shows

 

Master Asked on February 25, 2021 in Bitcoin.
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