
74% of Bitcoin is now in the hands of long-term holders, which is the highest in the last 15 years. No one is selling. This is actually very pleasing to hear and encouraging for those of us who have been involved in long-term investments for a long time and we have been discussing this topic here for a long time. We will definitely see a good portfolio in our wallets in the future.
SourceI like how this data is placed although I don't no if this is accurate between holders and non holders but one thing I like about this is that it states the clarification of those non holders who are thinking that Bitcoin are majorly in the possession of those who are always going shot than those of us who are doing for a long term to goal, so actually this means that 70% plus of Bitcoin is already been taken by the long term investors while 20% plus are for non holders this is a positive figure that should make someone who think that all the people in bitcoin are more of non holders to reconsider there perception.
Well the facts that 70%+ of Bitcoin is own by long term investors is a real hit that is showing how people like to Hodl their Bitcoin and if more people are into long term investment it would be more beneficial to the them and the community.
Some people follow the majority and I think as the number of figures of long term holders increases, more people will opt into long term investment in bitcoin.