$BTC

### Analysis of Bitcoin Long-Term Holder (LTH) Supply Falling into Loss

The total volume of Bitcoin held by long-term holders that is currently in loss is negligible. Specifically, only 4,900 BTC, which is 0.03% of the LTH supply, was acquired above the current spot price. This small amount of LTH in loss indicates that most long-term holders have purchased Bitcoin at prices below the current market value.

### Key Points:

1. **Negligible Loss**: The data indicates that the LTH supply in loss is less than 1%, reflecting the resilience of long-term holders.

2. **Recent ATH Influence**: The small fraction of LTH in loss is primarily those who bought at the peak of the 2021 cycle and have held onto their investments.

3. **Historical Context**: Historically, LTH supply falling into loss has been a precursor to significant market movements, often signaling periods of accumulation or distribution.

### Implications for Investors:

- **Market Stability**: The minimal LTH supply in loss suggests market stability, as long-term holders are not pressured to sell at a loss.

- **Potential for Recovery**: Given that new all-time highs were reached recently, the potential for market recovery and growth remains strong.

- **Strategic Holdings**: Investors should monitor LTH supply metrics to gauge market sentiment and potential future price movements.

### Conclusion:

The current market conditions indicate strong holding patterns among long-term Bitcoin investors, with only a negligible portion of their holdings in loss. This resilience can be a positive indicator for the Bitcoin market's stability and future growth potential.

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This analysis can help investors understand the current state of Bitcoin long-term holdings and make informed decisions based on historical trends and market resilience.