#glassnode
HODLing remains the primary market dynamic as steadfast HODLers remain resolute in the face of adversity, sending the #Bitcoin Supply Last Active Bands to new ATHs.
Supply Last Active 1+ Years: 68.4%
Supply Last Active 2+ Years: 55.5%
Supply Last Active 3+ Years: 40.1%
Supply Last Active 5+ Years: 28.9%
Most notably, we can observe a significant increase in the 2+ Years band as large swathes of coins purchased during the May-July 2021 Great Miner Migration, which have remained in stasis, age across the maturity threshold.
@Insider_leak_of_the_day
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