HODLing behavior remains dominant among Bitcoin investors despite the price nearing the all-time high (ATH).
Glassnode's weekly report highlights the growth in Long-Term Holder Supply, indicating a strong HODLing sentiment in the market.
The Long-Term Holder Supply has reached a new ATH of 14.7 million BTC, showing that accumulation and maturation flows outweigh distribution pressures.
The Liveliness indicator also reflects a shift towards HODLing behavior, suggesting a potential need for a price expansion to stimulate renewed spending activity.