2023-5-22 12:10 |
Quick Take Bitcoin supply, last active 1+ year ago, has hit a new all-time high: the percent of circulating supply that has not moved in at least one year. This metric has surpassed 68% for the first time. We are firmly in the capitulation zone from last year’s Luna collapse; these holders have held for one turbulent year. Between April and June 2022, Bitcoin dropped from $48,000 to $19,000.
All other age bands are at all-time highs as well;
SLA 2+ years: 55.19% SLA 3+ years: 40.03% SLA 5+ years: 28.877% Supply Last Active: (Source: Glassnode) Price: (Source: Glassnode)The post Luna Collapse 1 Year on: BTC hodlers show resolve appeared first on CryptoSlate.
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