📉 Bitcoin's been playing coy for months, but don't let that fool you! According to Glassnode's latest newsletter, over 87% of the circulating supply is still held in profit. That's right, despite the sideways shimmy, most hodlers are still in the green! 🟢 The Market Value to Realized Value (MVRV) metric shows BTC is up by more than two times its purchase price in dollar terms. So, while some may see this as a snooze fest, it's more like a well-deserved siesta before the next fiesta! 🎉 So, keep calm and hodl on, folks!
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