Researchers Chart BTC holding Periods Called ‘Hodl Waves’

This week Dhruv Bansal the co-founder of Unchained Capital, a cryptocurrency based financial services lending firm released a research study called ‘Bitcoin Data Science: Hodl Waves’ part one. Bansal and his team analyzed the BTC network’s ledger of Unspent Transaction Outputs (UTXO) over a few years and discovered how when BTC lost a large share of value — transactions occurred less because of new investors and distinct holding periods materializing. 

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