What is Bitcoin hodl? What is Hodling? Hodling or Trade?

What is hodl? One of the terms used in crypto money markets is the word “hodl”.. A word derived from the English word “hold”.. Hodler is used for people who do not sell or hold Bitcoin or crypto assets for the long term.

What is Hodl? What is Hodling?

Naturally, large hodlers correspond to the concept of Bitcoin or cryptocurrency whales.

The largest Bitcoin hodlers are cryptocurrency exchanges. 6.7 percent of Bitcoin traded in the market remains in the accounts of crypto money exchanges. This rate is equivalent to approximately 80 billion dollars worth of Bitcoin.. According to data from TokenAnalyst, the number of Bitcoins in the account of exchanges is increasing regardless of the increase or decrease in Bitcoin prices.

The other big Bitcoin hodling is Satoshi Nakamoto, the inventor of Bitcoin. Although the identity of Satoshi Nakamoto has not been fully revealed, Nakamoto has 1 million Bitcoins in his account.. Bitcoin owned by Nakamoto accounts for 5% of all Bitcoins (including those to be mined). However, there are allegations that Nakamoto may have died.. If this claim is true, 1 million Bitcoins may have died together with Nakamoto.

Please See: According to Bitmex CEO, Satoshi Nakamoto is dead

The other Bitcoin hodlers are Winklevoss brothers. The Winklevoss brothers, the founders of Gemini Exchange, are claimed to have 1% of their Bitcoins traded in the market in 2013.. After that date, they probably added new ones to their Bitcoin portfolio.

Another Bitcoin hodling is Barry Silbert, founder of Digital Currency Group.. According to Forbes, Silbert had nearly $500 million worth of Bitcoin in 2018.. Think how much now.

But never tell anyone how much Bitcoin you have.

Please See: Never tell anyone how much Bitcoin (BTC) you have

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