Why is so much old and hodled Bitcoin on the move but UTXOs and exchanges remain unaffected?

Andjela Radmilac

On-chain data lets us see the extent and scope of the activity surrounding spot Bitcoin ETFs beyond its impact on BTC price. CryptoSlate’s analysis of on-chain metrics first brought on in Glassnode’s Cointime Economics research paper shows how this affected the activity-to-vaulting ratio (A2VR). The A2VR metric assesses the balance between Bitcoin’s active and inactive […]

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Why is so much old and hodled Bitcoin on the move but UTXOs and exchanges remain unaffected?