Sharp decline in HODLed Bitcoin as price reached $70,000

Onchain Highlights DEFINITION: Lost or HODLed Bitcoins indicates moves of large and old stashes. Bitcoin’s HODLed or lost coins have displayed notable fluctuations this year. Data from Glassnode shows a sharp decline in HODLed or lost coins around late May 2024, coinciding with Bitcoin’s price surge to roughly $70,000. This drop, from approximately 7.95 million […] source: https://cryptoslate.com/insights/sharp-decline-in-hodled-bitcoin-as-price-reached-70000/