Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021

According to analytics firm Glassnode, since a spike in old hand selling after BTC/USD crossed 2017’s all-time highs of $20,000 last year, strong hands have stayed firm.

Even the run to nearly $70,000 failed to break the trend significantly, and selling still appears to be coming from newer market entrants.