$BTC LTH HOLDINGS HIT 78% — WHAT THIS MEANS NEXT 🔥
Long-term holders now control 78% of circulating supply, with the ratio still climbing. The recent increase reflects coins bought six months ago near $90,000 crossing the 155-day threshold — not necessarily fresh accumulation.
If this metric keeps rising into August, it will capture coins bought during February's dip below $60,000. That would signal real demand stepped in during the selloff, just like it did in previous cycles. The question is: are we building the next leg up, or just redistributing chips?
Not financial advice. Always manage your risk.
#BTC #OnChain #LongTermHolders #Accumulation #Bitcoin
🔥
Long-term holders now control 78% of circulating supply, with the ratio still climbing. The recent increase reflects coins bought six months ago near $90,000 crossing the 155-day threshold — not necessarily fresh accumulation.
If this metric keeps rising into August, it will capture coins bought during February's dip below $60,000. That would signal real demand stepped in during the selloff, just like it did in previous cycles. The question is: are we building the next leg up, or just redistributing chips?
Not financial advice. Always manage your risk.
#BTC #OnChain #LongTermHolders #Accumulation #Bitcoin
🔥