Willy Woo: Strong Hands Accumulating BTC At Unprecedented Rate
The meek may inherit the earth but the strong seem to be the ones accumulating Bitcoin per Willy Woo:
Strong Hands Accumulating BTC at Unprecedented Rate, Says On-Chain Analyst Willy Woo
Widely-followed on-chain analyst Willy Woo says that the current Bitcoin bull cycle is unique based on the unprecedented amount of coins moving from weak hands to strong hands.
In a new tweetstorm, Woo presents data showing that BTC is being accumulated by long-term holders at a significantly higher rate than in any other bull market.
This cycle is different; the movement of coins to strong holders is unprecedented.