17% Of Bitcoin's Supply Hasn't Moved For Over 7 Years

A significant chunk of Bitcoin has not moved in over seven years, markets insights platform Unfolded pointed out yesterday, citing data from “HODL Wave,” an indicator by on-chain analytics tool Glassnode.

This indicator tracks the time period between Bitcoin transactions and represents a macro view of how long a given coin is held before it is moved. It's named after a now-popular Bitcointalk post that told forum-goers in 2013 to continue hodling their Bitcoin instead of selling.

Coinness