Bitcoin Long-Term Holders Hit Record 14.7M BTC
Bitcoin long-term holders now control 14.7M BTC, showing strong conviction even near the $100K breakout.
- Long-term Bitcoin holders now own a record 14.7 million BTC.
- These investors typically hold for 155+ days, rarely selling.
- Many coins bought near $100K remain untouched, signaling confidence.
Bitcoin long-term holders—investors who have kept their BTC for more than 155 days—have reached a new milestone, now owning 14.7 million BTC. This is the highest amount ever held by this group, indicating growing confidence in the asset’s future.
These investors are known for their resilience and low likelihood of selling, especially during periods of volatility. By statistical behavior, once someone holds Bitcoin for over five months, they are far less likely to sell it under pressure.
Dormant Coins Reflect Market Conviction
What’s particularly notable is that many of the coins purchased near Bitcoin’s recent attempt at breaking the $100,000 level remain untouched. Despite the ups and downs in price action, these coins have not been moved, pointing to a strong belief that higher prices are ahead.
This dormancy among coins bought at premium levels typically suggests that the holders have long-term goals. These might include belief in Bitcoin’s future as digital gold or expectations of even higher prices in the next market cycle.
Market Impact of Strong Hands
The presence of strong hands in the market tends to reduce volatility and can act as a stabilizing force. With more BTC locked away by long-term holders, there’s less supply available for trading, potentially creating upward pressure on prices if demand rises.
This record holding data could be a bullish indicator for Bitcoin’s medium-to-long-term outlook, as it suggests the market is being dominated by participants with strong conviction rather than short-term speculators.
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