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The graph itself is fine, it's how people read into it that's the problem. The data comes straight from the timechain, it's legit! We can't sweep this under the rug.
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Those Sats will show as "not moved" in on-chain data
sssshhh that is our secret....
nocoiner will never understand that. nor OP (the shitposter that never use properly LN).
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Looks like you're the one who's confused about the chart. fiatbad had to step in to explain. The data is from timechain, it's solid!
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It doesn't matter from where it is... my brain is always sharp and exclude all the bullshit
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FWIW I think your brain is sharp OP ðŸ§
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I agree with @DarthCoin about this being a bad chart because if economic activity is not happening with Bitcoin, then the Creature-from-Jekyll-Island continues to dominate and rule. The more movement there is, the healthier Bitcoin is. Hodling being the dominant use-case is not I want to see happen.... and it's certainly not what Satoshi wanted to see happen. We should be USING Bitcoin.
On the other hand.... I agree that hodling is also important. We need an escape from the Creature's system. Showing that people are hodling instead of buying dollars with their Sats, even when they can get $100k for 100M of them, is a sign that Bitcoin's SoV proposition is working.
Also, 90% of the Sats I spend are done via Lightning. Those Sats will show as "not moved" in on-chain data until the channel is actually closed.... which is usually many years later.