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CryptoQuant: Accumulated Amount of BTC in 'HODL' Addresses Reaches Historic High
Summary: According to on-chain data, the accumulated amount of Bitcoin in 'HODL' addresses has reached a historic high, surpassing 375,000 BTC in the past 30 days. In less than two months, the monthly accumulation has doubled from 130,000 BTC to 262,000 BTC, indicating an accelerating trend. 'HODL' addresses are defined as wallets meeting specific criteria, including ...
According to on-chain data, the accumulated amount of Bitcoin in 'HODL' addresses has reached a historic high, surpassing 375,000 BTC in the past 30 days. In less than two months, the monthly accumulation has doubled from 130,000 BTC to 262,000 BTC, indicating an accelerating trend. 'HODL' addresses are defined as wallets meeting specific criteria, including no outflow of funds, recent transaction purchasing a certain amount of BTC, at least two purchase records, holding a minimum total amount of BTC, transaction activity in the past 7 years, excluding known centralized exchange and miner addresses, and non-smart contract addresses. Therefore, these addresses can be linked to the behavior characteristics of long-term holders. Some investors continue to steadily fill their wallets, and the growth of ETFs is likely to be accelerating this trend.
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Link: CryptoQuant: Accumulated Amount of BTC in 'HODL' Addresses Reaches Historic High [Copy]
