Amid fluctuating markets and economic uncertainty, Bitcoin long-term investors hold their coins tighter than ever. Data from blockchain analysis firm Glassnode reveals a notable trend: a significant portion of Bitcoin’s circulating supply is firmly in the hands of long-term holders, with figures reaching record heights. Notably, the trend of Bitcoin being tightly held is not a new phenomenon, but the level of accumulation we’re witnessing today appears unprecedented. Glassnode’s research points out that the community of long-term Bitcoin holders is not just growing but doing so at an “impressive rate of accumulation.” This cohort’s commitment is evidenced by the historical highs in key supply metrics—illiquid supply, coins held (HODLed), and long-term holder supply—are all at their peak, according to shared Glassnode insights. Related Reading: Bitcoin On The Brink? Analyst Predicts Soaring Open Interest May Signal 20% Price Correction A Dive into Bitcoin’s Illiquid Supply Glassnode’s briefing depicted the Bitcoin market’s current state. The data illustrates that 68% of Bitcoin’s circulating supply has not moved for more than a year, indicating a deci ..
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