Bitcoin supply has not moved in more than three years, indicating high investor confidence
This metric is often used to gauge investor behavior and sentiment. High dormancy typically indicates a hodling behavior, where Bitcoin holders, or"hodlers," are confidently holding their assets despite market fluctuations, anticipating a long-term price increase.Another fascinating development in the Bitcoin community is the increasing number of"wholecoiners" — Bitcoin addresses that hold at least one whole Bitcoin .
Owning an entire Bitcoin is perceived as a significant achievement within the cryptocurrency community. As the total supply of Bitcoin is capped at 21 million, owning a whole coin means holding a sizable fraction of a finite asset.
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