Bitcoin Supply Tightens: A Sign of Maturing Market? ๐๐ฐ
The #Bitcoin network is witnessing a significant shift! Coins aged less than one week now constitute only 4.7% of the total #wealth , dipping into the low liquidity zone. ๐ This indicates a tightening supply, with most coins being held for longer periods.
Could this be a sign of a maturing market or increased #HODLing behavior? ๐ค The data suggests that $BTC scarcity is becoming more pronounced, potentially signaling stronger hands in the market.