Experienced Bitcoin (Bitcoin) Statistics show that, despite the record high of $69,000 this year, hodlers have hardly spent any coins.

According to the Coin Days Destroyed (CDD) indicator of the on-chain analysis company Glass node, The proportion of coins spent by veterans is still close to historical lows.

Strong hands bend knees throughout 2021

The latest sign that people who have invested and held Bitcoin over the years firmly believe this is that CDD is still very calm.

This indicator refers to the time that each BTC is dormant every time it moves. This provides an alternative to simple volume measurements for determining market trends. Therefore, older coins are more “important” than younger coins with a history of active sports.

“Despite the rise in the past few months, the current value is still near historical lows,” the Twitter account UTXO Management Summarize There is an imprint of the chart next to it.

The data highlights that since BTC/USD broke the historical high of $20,000 in 2017 last year, the strong players have remained strong since the surge in old-hand sell-offs.

Even the rise to nearly $70,000 did not significantly break this trend, and the sell-off still seems to come from new market entrants.

Summer buyers are winter sellers

Another indicator, Unchained Capital’s HODL wave, Confirms this-those coins purchased three to six months ago now account for the biggest drop in overall supply.

related: Countdown to the end of the year: 5 things to watch for Bitcoin this week

This means that sellers bought their BTC from June to September this year, during which time BTC/USD fell to a low of $30,000.

As reported by Cointelegraph, the obvious differences between different groups of coin holders have been observed under the microscope for a long time.

Even those who entered the market for $20,000 double, Because BTC/USD looks to be about 20,000 USD higher at the end of 2021 than at the beginning of January.

#Bitcoin It is in accumulation mode again. pic.twitter.com/BezC2AUewO

— Dylan LeClair (@DylanLeClair_) December 23, 2021

At the same time, UTXO Management senior analyst Dylan LeClair pointed out last week that, overall, hodlers are increasing their positions this month.