Bitcoin Holders Undecided in Investor Sentiment Legacy data adds a new layer to the picture. Legacy refers to Bitcoins that haven't moved for at least six months. These coins are generally associated with patient, long-term holders. In the last three weeks, legacy supply has increased by 188,000 BTC, exceeding a total value of $12.75 billion. The rise in legacy supply indicates that experienced investors prefer to hold onto their holdings rather than sell. In the past, this behavior has supported long-term recovery periods when selling pressure has eased.
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Bitcoin Holders Undecided in Investor Sentiment Legacy data adds a new layer to the picture. Legacy refers to Bitcoins that haven't moved for at least six months. These coins are generally associated with patient, long-term holders. In the last three weeks, legacy supply has increased by 188,000 BTC, exceeding a total value of $12.75 billion. The rise in legacy supply indicates that experienced investors prefer to hold onto their holdings rather than sell. In the past, this behavior has supported long-term recovery periods when selling pressure has eased.