Data from IntoTheBlock shows that the BTC balance held by Bitcoin HODLers is hovering near a historical high of 13.45 million BTC, accounting for approximately 69% of the circulating supply. HODLers refer to individuals who have held Bitcoin for over a year and have accumulated it over time. IntoTheBlock analyst Slim Daddy stated that this is a potential reason why Bitcoin has been able to maintain a strong price position despite market volatility.
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