⛓️ ON-CHAIN X-RAY: ARE THE HODLERS SELLING AT THE PEAK? What the data shows us!
Hey traders! With $BTC rising, the million-dollar question is: are long-term investors (HODLers) dumping into the market?
I checked the on-chain data (NUPL metric) and the answer is: NO!
The vast majority of coins being moved for profit right now are from "short-term holders" (speculators). The old wallets, the "smart money", remain still, holding strong and waiting for much higher prices.
My view: As long as the diamond hands are holding, any correction is an opportunity. This, for me, is one of the most bullish signals that exist.
