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BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom

BTC’s ‘Hands of Steel’- 37% of Bitcoin‘s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom



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  1. tldr; On March 12, 2020, Bitcoin’s Market Value to Realized Value (MVRV) ratio dropped to 0.88. On the same day, the MVRV ratio closed at $57,335, a gain of over 10x (1,000%), according to Coinmetrics’ Nate Maddrey and the CoinMetrics team.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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