This indicator highlights the behavior of Bitcoin holders who have held their coins for a significant period of time, typically more than five years. When large movements occur from addresses in this category, it can be an important signal. Movements of long-held bitcoins are rare, and tracking these can provide insights into market sentiment and potential whale activity.

This chart tracks the percentage of Bitcoin that has remained dormant for over a decade. It reflects the supply that has been held by investors who likely view Bitcoin as a long-term store of value.

When the RHODL Ratio enters the upper red band, it suggests the market is overheated, signaling a potential price pullback. Conversely, when the ratio is in the lower green band, it can indicate that Bitcoin is undervalued and may experience a price rally. This tool is particularly useful for long-term investors to gauge extreme market conditions.