Diamond hands are at an all-time high

According to data from Glassnode, Bitcoin’s supply which was last active over a year ago, reached its all-time high this month and currently stands at 65.7%.

The current percentage is even higher than the numbers recorded in May 2022, when the crypto market entered a period of unprecedented volatility. The fact that 65.7% of Bitcoin’s supply remained dormant for over a year shows that a record number of addresses continue to hold their coins during the bear market.