In this video update we talk about #Bitcoin: HODL Waves are bands that reflect what percentage of supply has been unused in a transaction for a certain period of time. For example, the “1-7 Days” band is the percent of total supply that's been held for at least 1 day but less than 7 days, “7-30 Days” is the percent of supply that's been held for at least 7 days but less than 30 days, and so on. The long-term age bands therefore show supply that has not moved for relatively long periods. The " greater than 10yr age band shows the percentage of supply that has not moved in over 10 years. LTH stands for the Long-Term Holder band which accumulates bands of coins that have not moved in over 6 months. STH stands for the Short-Term Holder band which represents coins that are younger than 6 months. Video by Benjamin Cowen.
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