Bitcoin HODL Capitalisation

source: / @woonomic
1d and 7d caps are smoothed with a 14d moving median

About HODL Capitalisation

Based on Bitcoin HODL Waves, this is a visualisation of Bitcoin`s capitalisation stratified by the length of HODL. A useful tool to see at a glance just how much of Bitcoin`s value is locked up into long term holds of various lengths. The lowest line, HODL age of 1 day or less, approximates daily on-chain traded volume which includes OTC markets.