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raonbit
2022.03.24 09:40:26
This week we have also seen a notable increase in older coins being spent. Older coins are held by investors who have more experience with the characteristic volatility of Bitcoin markets, and are often considered synonymous with 'smarter money'.
As such, when we see older coins being spent at higher levels, it can indicate a more bearish tilt in sentiment within the HODLer class. Coins older than 6mths represented 5% of all spending volume this week, which is a notable uptick from recent months.
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2022.03.24 09:39:54