HODL Waves: Almost a Quarter of BTC Supply Hasn’t Moved in 7 Years

There’s a chart making waves in crypto Twitter, and for once, it’s not all BTC price lines and liquidation spikes. Known as the HODL Waves, this psychedelic swirl of color tells a story unlike any candlestick pattern: what’s really going on beneath the surface of the BTC supply. source: https://www.thecoinrepublic.com/2025/11/08/hodl-waves-almost-a-quarter-of-btc-supply-hasnt-moved-in-7-years/