+- Hack Forums (https://hackforums.net)
+-- Forum: Money (https://hackforums.net/forumdisplay.php?fid=241)
+--- Forum: Crypto Currency (https://hackforums.net/forumdisplay.php?fid=380)
+--- Thread: HODL Waves: BTC (/showthread.php?tid=6274174)
HODL Waves: BTC - Tyr - Jun 26, 2024
Anyone interested in the psychological impact on the crypto market that holders represent? If we look, they reflect the % of supply that has been unused in a transaction for a certain period of time. So for example the 1-7d band is the the % of supply that has been held for at least 7 days but less than 30 days. "7-30d" is the % of supply that has been held for at least 7 days but less than 30. It goes on like this.
If we look at long term age bands, it shows the supply has not moved for a long period and the greater than 10yr age band shows that the % of supply has not moved in over 10yr.
https://unchained.com/hodlwaves/
What do you guys think about this and the current situation we are in with testing the new resistance level this summer?