
Analyst Will Clemente noted the remarkable conviction of Bitcoin (CRYPTO: BTC) HODLers as 64% of Bitcoin supply hasn’t moved in a year despite the tech-heavy Nasdaq plunging 18% from its peak.
What Happened: Clemente tweeted, “Beneath the surface, there is a group of convicted HODLers viewing BTC as their store of value amidst unprecedented uncertainty in markets. Pretty remarkable.”