Analysis: Long-term holders hold 14.46 million BTC, and the market is full of confidence in future rise.

According to Glassnode's tracking, the supply of Bitcoin for long-term holders (LTH) has soared to a record 14.46 million BTC, indicating confidence in the price increase. Long-term holders currently account for about 73% of Bitcoin's circulating supply (19.88 million BTC), demonstrating its dominance in the market. The concentration of Bitcoin's long-term holdings indicates that its price has the potential to rise further.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
EightDirectionsOfWealth6688vip
· 06-10 15:31
deceive to enter a position
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)