Willy Woo: Strong Hands Accumulating BTC At Unprecedented Rate

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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.

Full article here: https://dailyhodl.com/2021/05/10/strong-hands-accumulating-btc-at-unprecedented-rate-says-on-chain-analyst-willy-woo/

Master Asked on May 10, 2021 in Bitcoin.
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