55% of all bitcoin is held in self-custody.
That’s 59% of all mined bitcoin.
These people are not selling the dip.
They’re buying. Are you?
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Replies (7)
55%, we gotta bump those numbers up. Those are rookie numbers
Thats wonderful news. Thanks for sharing. Nice perspective. We need another "not your keys moment" to convince the rest
“These people are not selling the dip.”
Big assumption.
No dry powder
Think so. Probably the opposite. 🤫
The UTXOs directionally indicate it's largely newcomers selling.
That's still a bit assumption...
If old-timers are selling coins they could easily be selling from newer, hotter, wallets first.