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The Number Of "Lost" Or “Hodled” Bitcoin Reached An 8-Month low

Mary Liu

Summary: According to the data from Glassnode, the number of "lost" or "Holdled" Bitcoin hit an 8-month low at 7,252,161.786 BTC. As of press time, the value is approximately $209 billion. "Lost" Bitcoin means the time that the assets have not been moved is too long to be considered normal, "Holdled" refers to Bitcoin that is ...

According to the data from Glassnode, the number of "lost" or "Holdled" Bitcoin hit an 8-month low at 7,252,161.786 BTC. As of press time, the value is approximately $209 billion. "Lost" Bitcoin means the time that the assets have not been moved is too long to be considered normal, "Holdled" refers to Bitcoin that is held by long-term investors who don't sell or withdraw. The decrease in the number of the two indexes indicates that the bull market and a large number of long-term investors who hold their coins are moving them or want to cash in them.

By Mary Liu

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