Tag

Hodlers

All articles tagged with #hodlers

cryptocurrency1 year ago•2 min saved

Bitcoin's Retreat from $100K Triggers Massive Crypto Market Sell-Off

Bitcoin's recent price drop to $92,774 is attributed to long-term holders, or 'hodlers,' rather than institutional investors or ETFs. Despite significant purchases by figures like Michael Saylor, the price did not rise due to internal sell-offs by these hodlers. Onchain data indicates that while ETFs absorbed much of the selling pressure, the correction is seen as potentially beneficial for the market's sustainability. Analysts still anticipate Bitcoin reaching $100,000, although the market's leverage remains high.

via Cointelegraph|

#bitcoin #crypto-market #cryptocurrency

cryptocurrency2 years ago•0 min saved

MicroStrategy's Bitcoin Holdings Surpass $4.6B with $347M Purchase

MicroStrategy, led by Michael Saylor, has purchased an additional 12,333 bitcoins for $347 million, bringing their total holdings to 152,333 bitcoins worth over $4.6 billion. The company is one of the largest holders of bitcoin and has also sold $333.7 million of its shares. MicroStrategy's recent purchase reflects their continued bullishness on bitcoin despite recent market volatility.

via CoinDesk|

#bitcoin #cryptocurrency #cryptocurrency-investment

cryptocurrency2 years ago•1 min saved

Dogecoin whales hold steady as memecoin market sees gains.

Analytics firm IntoTheBlock reports that long-term Dogecoin (DOGE) holders now control 44.8 billion DOGE worth over $3.76 billion, the highest level since October 2021. The number of DOGE hodlers has also reached a new all-time high of 3.18 million addresses, representing 74.66% of all Dogecoin wallets. The rise in long-term DOGE holders comes as the memecoin rallies from a weekly low of $0.071 to a high of $0.085, with 61% of DOGE holders in profit and 34% in the red.

via The Daily Hodl|

#cryptocurrency #dogecoin #hodlers