Glassnode: Bitcoin HODLers Hold 14.7 Million Coins, Setting a New Record, Market Sentiment Bullish

BlockBeats News, July 3rd, Glassnode posted data on social media stating that the number of Bitcoin held by long-term holders (defined as investors holding Bitcoin for over 155 days and with a low likelihood of selling based on historical data) has reached a record high of 14.7 million BTC. Most of these Bitcoins, acquired around the $100,000 price level, are still dormant, indicating a strong overall market hodling sentiment.