Bitcoin Quarterly HODLers 5K USD
5K USD
As of
Correlation Score
90.79%
HODLer count is one of the primary metrics that tracks Bitcoin adoption. It represents the number of people that save their money in BTC. The general assumption is that the more people save in Bitcoin, the more people think that Bitcoin will be relevant in the future.
The HOLDer count is calculated by identifying the number of accounts that have their Bitcoin balance increase by more than 5K USD in the past 3 months.
*Notes:
- Correlation Score is the Pearson correlation coefficient. This number represents the correlation between the HODLer accounts count and the Bitcoin price.
- Historical data is calculated using the Bitcoin USD price at the transaction date.