The number of inactive BTCs are growing!
ADDITIONAL BULL CONFIRMATION: The number of inactive BTCs are growing!
The number of Bitcoins that have not moved for >5 years has reached 25%. This is close to 4-4.5 mln Bitcoins.
The number of Bitcoins older than 5 years falls only before the fall of Bitcoin itself (the beginning of market). It happens because hodlers move crypto to the exchanges and sell their BTCs to the newbies.
Most importantly, the long-term players do not reduce their positions in Bitcoins now, even when BTC fall by -75% from ATH!