Are the Bitcoin Hodlers Still Hodling?

Is is smart to invest in bitcoin? Following turmoil in the banking system, Bitcoin has experienced one of its strongest rallies.

In my previous video we saw in the on chain data a shift to more positive sentiment in the Bitcoin Market.

In this video we take a look at two charts that sit within another on chain metric - Coin Lifespan. By 'following the money' we can see when older coins typically held by high conviction hodlers are on the move.

The Second Chart is the Long Term Hodler - SOPR chart. The current cohort mainly consists of hodlers from the 2020-22 bull cycle most of whom have been holding on to losses for the past 12 months

It will be worth following these metrics in the coming week For the time being at least, the hodlers are still hodling! Thanks for watching. Don't forget to Like and Subscribe for more updates like this one