Bitcoin HODLers Strong: Mt. Gox Selloff Fails to Dent Market

Recent analysis of Bitcoin market dynamics reveals a significant trend among long-term holders (LTHs). As of July 26, 2023, LTHs control approximately 45% of the network’s Bitcoin wealth. This level is relatively high compared to historical macro cycle tops. This trend suggests that these investors are patiently HODLing their coins, waiting for higher prices before The post Bitcoin HODLers Strong: Mt. Gox Selloff Fails to Dent Market appeared first on Coin Edition .

Source: Coin Edition