🚨 ON-CHAIN ALERT: Long-term Bitcoin holders now control a record 15.8 million BTC, according to cryptoquant.com
While many see this as bullish, analysts warn it may actually reflect a lack of new buyers entering the market. Whale accumulation has slowed, ETF inflows are weakening, and more BTC is simply sitting idle instead of circulating.
Historically, rising long-term holder supply signals strong conviction — but this time, CryptoQuant says the market may be facing a buyer drought beneath the surface. Smaller moves in demand could now trigger major price volatility.
#Bitcoin #BTC #Crypto #CryptoQuant #BitcoinNews
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