«Over +50k BTC per month are currently being Vaulted by HODLers, suggesting both a tightening supply and a widespread reluctance to transact,» Glassnode said in the latest weekly report, adding that the market is experiencing a sustained regime of coin dormancy.
Check Also
Stablecoins: Roman Coins or Spanish Doubloons for the Modern Era
By 1900, colonialism had seen the adoption of currencies, or at least local derivations, of …