Post
Topic
Board Altcoin Discussion
Re: Up or Down, People Hodl
by
pixie85
on 19/04/2020, 16:20:40 UTC
Based on data you gave the bitcoin is in good progress, deposit always bigger than withdrawal, but i think many whale is just hodling now, i dont see any big move from whale recently, or maybe i just missing that news

Actually his data doesn't say anything about the hodlers.

Those people do not trade but hold their coins to hedge against inflation and excessive goivernment interference in economy. The statistics showing deposits and withdrawals from exchanges don't really tell you what the hodlers are doing. It only shows you the general behaviour of bitcoin traders.