This continuously rising line is the reason Bitcoin follows the same trend.
This is the HODLer line, derived from the thinking behind Cointime Economics (hello
@_Checkmatey_ and
@dpuellARK )
This metric is based on the calculation of cumulative coinblocks created minus cumulative coinblocks destroyed.
A coinblock is one Bitcoin held for one block.
Coinblocks Stored therefore shows that Bitcoin's holding time is accumulating faster than the time consumed by spending.
It now stands above 5.15T coinblocks, and the trend isn't changing.
HODL ๐๐
Chart Link :