Bitcoin hodling is on trend. Data from Glassnode shows those who bought BTC before 2017 keep their coins dormant for now.
A similar story, meanwhile, comes from Bitcoin’s “liveliness” — a calculation of hodler behavior that reached its lowest since the start of 2021 this week.Liveliness, a term coined by Bitcoin developer Tamas Blummer, is plotted as a score between 0 and 1, which increases or decreases, depending on how much hodler selling is occurring., it is “the ratio of the sum of Coin Days Destroyed and the sum of all coin days ever created.
“It is apparent that Liveliness increases during time periods of Bitcoin price increases and investors accumulate to HODL during periods of range bound prices,” BlummerNow at 19-month lows, Liveliness points to increasing desire to hodl across the Bitcoin network in general.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com.
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