Glassnode: Bitcoin long-term holders are highly willing to hoard their coins
2025-06-24 12:18:36
According to the latest report from on-chain data analytics platform Glassnode, the binary indicator of Bitcoin long-term holder spending shows that spending has dropped to its lowest level for the first time since June 10. The current supply of long-term holders is close to an all-time high of about 14.70 million bitcoins. The analysis shows that despite the recent market volatility, senior investors are still showing strong confidence in holding coins and are reluctant to sell their assets. This kind of holding behavior reduces the market circulation supply. If demand increases, it may form a natural supply crunch, creating conditions for the potential rise in Bitcoin price.
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