Bitcoin Wealth Is Transferring From Old To New Hands, Why This Is Positive
On-chain data shows Bitcoin is slowly moving from the old holders to new investors, a sign that could be positive for the market.
Bitcoin RHODL Ratio Has Been Climbing Up In Recent Days
According to data from the on-chain analytics firm Glassnode, this kind of trend is usually seen in the middle of cycle transitions. The “Realized HODL (RHODL) ratio” is an indicator that tells us the ratio between the supplies held by the 1-week-old holders and the 1 to 2 years old investors.
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