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09 July 2020

Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn't Moved in a Year | Bitcoin News

Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn't Moved in a Year | Bitcoin News


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Hodl Waves Chart Shows 60% of Bitcoin Hasn't Moved in a Year.

According to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent.

Phillip Swift, the founder of the BTC monitoring web portal Look Into Bitcoin has noted that 60% of the bitcoin supply in circulation has not moved in over a year.

Swift’s findings and the Hodl Waves chart he shared, shows that the 60 percentile has held steady for close to six months.

17 hours ago after Phillip Swift’s Hodl Waves tweet, Glassnode tweeted about a chart that shows BTC’s “realized cap Hodl Waves.”.

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