60% of bitcoins did not leave their addresses for more than a year

HODL has again become the most popular strategy among crypto investors, since according to the fintech company Digital Assets Data, almost 10.7 million bitcoins have not been moving for more than a year.

Currently, the total in circulation is 18.14million BTC, but in 2019 only 40% of them participated in any operations, and 60% did not leave their addresses during this period. This retention rate is the highest since the beginning of 2017.

Most investors resisted the temptation to use their bitcoins for speculation during last year's big rally.fluctuations and growth from $ 3700 to $ 13800. As a result, according to the results of 2019, the MTC exchange rate doubled, even despite large sales in its second half.

Analysts believe that some investorsThey expect a further increase in prices after the halving, but if the market does not live up to their hopes, then part of the reserves may soon be sold. Another reason for HODL may be the high purchase price of BTC during the December 2017 crypto boom. However, the fact that these coins have not yet been sold indicates that their value is expected to rise in the long term.

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