​Promising News for BTC.

The amount of dormant BTC is almost at an all time high (ATH).

Which, reading between the lines, is pretty great news.

Here's why:

The number of Bitcoins that have not moved for at least six months - aka “old supply” - stands at 14.99 million according to blockchain analysis firm, Glassnode.

(The previous ATH was 15.029 million BTC, for the six months leading up to Dec 2022).

The suggestion is that BTC investors are looking at the long term value that can be created, rather than the short term profits that can be made from price volatility and day trading.

Have all of the short-term profiteers left the BTC market?

Not quite - but there are more professional traders and BTC whales invested than there ever has been in the past.

So, even though crypto winter is still lingering, it's a promising sign!

More of that, please.