Long-term Bitcoin holders (LTHs) now possess a significant majority of the cryptocurrency’s circulating coins, reflecting deepening market confidence and potential future supply constraints.
Data indicates LTHs control 14.7 million BTC, representing 74% of Bitcoin’s total circulating supply. Long-term holders are defined as those maintaining ownership of their Bitcoin for periods exceeding 155 days.
This sustained holding behavior demonstrates notable resilience throughout periods of market volatility.
The dominance of LTHs actively reduces the readily tradable liquidity of Bitcoin. Analysts highlight this concentration as a potential precursor to a supply shock, which historically acts as a catalyst for price appreciation.
The trend signals a maturing market landscape where Bitcoin is increasingly perceived as a viable instrument for long-term wealth preservation.
The growing influence of participants committed to holding Bitcoin for extended periods is contributing to a more stable and potentially predictable market environment overall.