$BTC holders are showing stronger conviction than ever. According to K33 Research, long-term holders now control a record 79% of Bitcoin’s circulating supply.

At the same time, the movement of older coins has fallen to its lowest level since 2012, indicating that many early investors are continuing to hold their Bitcoin rather than sell.

The data indicates that a large portion of Bitcoin’s supply is being held for the long term, reflecting growing confidence in its future value.

#BTC, the evolving ecosystem# #Bitcoin