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Investors were not affected by market volatility as bitcoin holdings reached a 5-year high

The majority of Bitcoin (BTC) investors seem to be betting that the asset’s value may rise in the future despite a prolonged correction.

As macroeconomic factors outweigh the overall cryptocurrency market, investors choose the “HODL” investment strategy.

According to data from Glassnode, as of September 29, the amount of Bitcoin in HODL reached a record level in five years, reaching BTC 7509524.362, or $341.55 billion

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