Bitcoin “Diamond Hands” Have Dumped 84.5k BTC Since FTX Collapse

Bitcoin “Diamond Hands” Have Dumped 84.5k BTC Since FTX Collapse

Data shows the so-called Bitcoin “diamond hands” have shed 84.5k BTC from their holdings since the collapse of crypto exchange FTX.

Bitcoin Long-Term Holder Supply Has Sharply Declined Recently

According to the latest weekly report from Glassnode, the long-term holder supply has observed one of its most significant declines this year in recent days.

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The “long-term holder” (LTH) group is a Bitcoin cohort that includes all those investors who have been holding onto their coins since at least 155 days ago, without having sold or moved them.

Statistically, the longer an investor keeps their coins still, the less likely they become to sell them at any moment. Since LTHs make up the group that keeps their coins dormant the most, they are the cohort that’s

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