Bitcoin\'s Unwavering Holders: 53% of Supply Dormant for Over 2 Years Reaches All-Time High
Bitcoin\'s long-term health is showing remarkable resilience. A significant indicator of this strength is the recent milestone: the percentage of Bitcoin supply last active more than two years ago has reached an all-time high of 53.004%.
What Does This Mean for Bitcoin?
What Happened: In fact, the percentage of supply that was last active more than two years ago has reached an all-time high of 53%, suggesting that many long-term Bitcoin holders are choosing to hold their assets rather than trade them. This suggests a strong belief in Bitcoin\'s future value and potential.
This phenomenon highlights the growing "hodler" mentality within the Bitcoin community. Holders are individuals and entities who believe in the long-term potential of Bitcoin and are less inclined to sell during market fluctuations. This trend reduces the available supply on exchanges, potentially contributing to price stability and upward pressure during periods of increased demand.
Key Bitcoin Supply Metrics
Understanding the distribution of Bitcoin supply based on activity can provide valuable insights. Other relevant metrics include:
- Supply Last Active 3 Years Ago
- Supply Last Active 1 Years Ago
- Supply Last Active 6m-12m
- Supply Last Active 1m-3m
- Net Realized Profit/Loss
- Exchange Net Flow Volume
Analyzing these metrics in conjunction with the 53% figure provides a comprehensive view of Bitcoin\'s supply dynamics.
Confidence in Bitcoin\'s Future
The fact that such a large portion of the Bitcoin supply remains untouched for over two years is a powerful testament to the conviction of long-term holders. The percentage of supply last active more than two years ago has reached an all-time high of 53%, indicating that Bitcoin holders are confident in the asset\'s long-term prospects and potential as a store of value.