
Phyrex|May 07, 2025 17:55
At present, there are less than 200000 BTC left from the historical high of long-term holders. From the data of long-term holders, last week we saw signs of distribution, but after a week, long-term holders continued to be in a holding state, and almost all of them increased their holdings during the week. In one week, long-term holders increased their holdings by more than 200000 BTC
Interestingly, the last time long-term holders held over 14 million BTC, the price of BTC was $88000. At that time, long-term holders had already started to decline, and more of them chose to sell their BTC. In just six months, the holdings of long-term holders had returned to 14 million BTC, but the BTC price was already $95000, and the BTC held by long-term holders continued to increase.
This represents that more investors are focusing on the future of BTC rather than short-term price changes.
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