Bitcoin Supply Concentrates In Experienced Hands – LTHs Show No Signs Of Dist...
Bitcoin is consolidating just below its all-time high near $112,000, maintaining a bullish structure as momentum builds across the broader crypto market. After a strong rally in recent weeks, BTC is showing signs of strength and stability, trading in a tight range that many analysts view as a launchpad for the next major move. The […]
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On-chain data shows HODLing conviction has been growing on the Litecoin network, with the 5+ years old hands only adding further with each cycle. Litecoin Has A Notable Part Of Its Supply Dormant For Years Now In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the supply of two Litecoin long-term holder cohorts. The “long-term holders” (LTHs) broadly refer to a class of LTC investors who have been holding onto their coins for more than a year, without having sold or moved them on the network even once. Statistically, the longer an....
On-chain data shows Bitcoin long-term holders have been ramping up their selling recently, a potential reason behind BTC’s fall under $100,000. Bitcoin Long-Term Holders Have Been Booking Profits In a new post on X, on-chain analytics firm Glassnode has discussed about the latest trend in the supply of the Bitcoin long-term holders (LTHs). These are referred to as the investors holding their coins for a period longer than 155 days, without selling or involving them in a transaction on the blockchain. Related Reading: Bitcoin Sentiment Most Fearful Since March: Is A Bottom Near?....
Data shows the Bitcoin long-term holder supply has surged up recently to near all-time high values as these “diamond hands” add to their holdings. Bitcoin Long-Term Holder Supply Jumps Up By 250k BTC After The Recent Low According to the latest weekly report from Glassnode, the current total balances of the long-term holders is only 30k away from the ATH. The “long-term holders” (or LTHs in short) is a Bitcoin holder group that includes all those investors who have been holding onto their coins since at least 155 days ago, without having sold or moved them.....
On-chain analytics firm Glassnode has explained how a flip in Bitcoin short-term holder profitability could act as a precondition for a sustained price recovery. Bitcoin STH Supply In Profit Is Currently Under 50% In a new post on X, Glassnode has talked about the latest trend in the Supply in Profit metric for the Bitcoin short-term holders (STHs). The Supply in Profit measures, as its name suggests, the percentage of the BTC supply that’s currently being held at some net unrealized gain. Related Reading: Bitcoin Returns Mirror Late-2022 Levels Seen Before 67% Rally: Santiment In....
On-chain data shows the Bitcoin long-term holders have seen their supply go up recently, despite the unconvincing price action in the cryptocurrency. Bitcoin Long-Term Holder Supply Has Surged By 332,000 Over The Past Month As pointed out by CryptoQuant community analyst Maartunn in an X post, the Bitcoin long-term holder supply has been following an uptrend recently. The “long-term holders” (LTHs) refer to the BTC investors who have been holding onto their coins for more than 155 days. Related Reading: Bitcoin Shark & Whale Wallets Jump Despite Bearish Price Action The LTHs....