That's such a generalization, I would argue that we now have more HODL'ers than ever who are keeping the price above $5000.
A lot of these investors have joined during the 2017 bull run and still haven't sold after the crash from 20k USD.
Before the bull run started, Bitcoin was still trading at just around 1k USD, in the first months of 2017.
--snip--
A lot of these investors have joined during the 2017 bull run and still haven't sold after the crash from 20k USD.
Before the bull run started, Bitcoin was still trading at just around 1k USD, in the first months of 2017.
--snip--
"I would argue".... No one cares what you would argue. The data shows this is the case.
The data from the original source you've provided, shows that there's still a majority of long term investors
Here's the original source on which your article is based on:https://blog.chainalysis.com/reports/money-supply
When HODL'ers say "HODL HODL" they are either lying while they are selling. Or if you are truly HODL'ing then you simply being scammed by the other other HODL'ers who are busy selling to you.....
Lol you tell me 'no one cares what you would argue', yet here you're also coming to some pretty subjective conclusions yourself...