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?
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?