The chart below illustrates the total supply of #Bitcoin that has been active for more than one year. Currently, this metric stands at 70%, indicating that approximately 13.7 million BTC are being HODLed by investors.

Furthermore, the chart reveals periodic fluctuations between high holding levels and sell-offs.

We can see that right now, investors continue to accumulate Bitcoin. Once we observe large profit-taking (would be indicated by a drop on the orange line), I anticipate that the price will surge to a new ATH.

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February 13, 2024 at 3:34 PM
Twitter@CryptoKidcom|15:24 PM - Feb 13, 2024
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