If we turn the clock back about exactly three years ago from now one, we would be in the fall of 2020, the year where we saw a historic crash of BTC to $3k due to the Covid black swan, but also in the same same year we had the Bitcoin Halving which has typically been a good build-up for a pending bull market and that is exactly what happened.
We had the biggest bull market in Crypto history if we talk about pure money inflow, many institutions and whole countries were entering Crypto and we had a market cap of over $3T at our peak with BTC alone at $1T.
But it is even more important to look at who could capitalize on the this bull market, some actually sold and others, like many of us, just made the early mistake to not take profits, but will now hopefully not make the mistake of selling in a bear market too:
Bitcoin Supply Last Active 3 years ago, which is the coinciding with the previous bull run right now, chart by James V. Straten
This chart shows the Bitcoin Supply that was inactive for at least three years, meaning it has not been moved at all. This usually shows the ultimate holders/diamond hands that can hold through a whole Bitcoin cycle without selling as those truly have a long-term vision of the market and not just some short profits.
With a further increase in the Supply Inactive for 3 years we will now be able to see how many of us were able to hold through the whole bull market up to $69k and all the way down to $15k in this bear market with a lot more volatility in between, those will undoubtedly called the real diamond hands.