Bitcoin's long-term investors own over 76% of all BTC for the first time đ„đ„đ„
BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should "do the math" as a result, analysis says.
Bitcoin is becoming scarcer than ever â if you are a $BTC price speculator or new to the market.
The latest data from on-chain analytics firm Glassnode shows a record portion of the available #BTC supply is locked up in long-term storage.
At more than 76%, Bitcoinâs long-term holders (LTHs) control more of the BTC supply than at any point in history.
Despite the supply increasing with every block, in percentage terms, the low-time preference Bitcoin investor cohort has a record market presence.
As noted by Charles Edwards, founder of quantitative #bitcoin and digital asset fund Capriole Investments, the achievement marks a first in Bitcoinâs lifespan.
âA record 76.2% of the Bitcoin network is locked up with long-term holders today,â he wrote on X on Oct. 18.
