TWEETSTORM is an occasional feature on decentralize.today where we share threads , mostly from Twitter, that we think deserve a wider audience, some are informative, some educational, some amusing and others yet are controversial...we dig these out for you so you don't have to!

1 & 2) Long-term holders are doubling down. Despite being the most underwater they've ever been, long-term holder supply is at all-time highs.

3) Blocks continue to be added

4) Active addresses making higher lows

Will Clemente (@WClementeIII)
If I had to show someone 4 charts to explain why Bitcoin is fine:1 & 2) Long-term holders are doubling down. Despite being the most underwater they’ve ever been, long-term holder supply is at all-time highs.3) Blocks continue to be added4) Active addresses making higher lows

Great charts! Thanks (and apologies) to Glassnode!


💡
We publish daily doses of decentralization to over 3900 regular visitors, and boost out on Mastodon, Twitter, Telegram, Tribel and Element (Matrix) to over 4400 daily followers and growing! Please like & share our output. We rely on you for content, so please write for us. We welcome sponsorship and donations to help us continue our work - all major cryptos accepted or maybe buy us a coffee. Contact us at blog@decentralize.today - many thanks for all donations received, much appreciated.
Share this post