63.3% of Bitcoin hasn’t moved in at least a year. That sounds wildly bullish, but the number is easier to misread than it looks. The biggest shift came from coins aging into the 1–2 year band as the 6–12 month cohort shrank. That shows older supply, not necessarily fresh accumulation or tighter liquid supply. https://cryptoslate.com/why-bitcoins-63-3-hodl-wave-isnt-the-mega-bull-signal-everyone-thinks-it-is/