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$7 Billion “Lost” and HODLed Bitcoin Found Since Start of Bull Run

From decrypt.co

The amount of “lost” or “Hodled” Bitcoin just hit a new low—and now stands at 7,252,161.786 BTC, according to data metrics site Glassnode. That’s $209 billion-worth of the cryptocurrency at today’s price. Since the bull run kicked off this year, the number of "lost" or HODLed coins has been increasing and hit a high of $217 billion-worth of the currency in mid-October. But in the past month and a half alone, over $7 billion worth of that Bitcoin has been found as the price of the currency rockets. “Lost” Bitcoin refers to coins that haven’t moved for a long time. “Hodled” Bitcoin is cryptocurrency held by long-term ... (full story)

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  • Category: Fundamental Analysis