BTC LONG-TERM HOLDERS JUST HIT A RECORD 79%
k33 research says 79% of btc's circulating supply is now sitting with long-term holders. new all-time high.
only 218k dormant btc (2yr+) got reactivated this year through june 6. lowest since 2012. back in 2024 it was 1.18m by the same date.
translation: old hands aren't selling. float is getting thin.
k33 flags this pattern usually shows up late in bear markets, not confirmed bottoms. btc still ~40% off its $126k ath. some desks aren't convinced yet.
thin supply + real demand = fireworks. thin supply + no demand = nothing happens.
which camp are you in?#BTC
NFA DYOR
$BTC
k33 research says 79% of btc's circulating supply is now sitting with long-term holders. new all-time high.
only 218k dormant btc (2yr+) got reactivated this year through june 6. lowest since 2012. back in 2024 it was 1.18m by the same date.
translation: old hands aren't selling. float is getting thin.
k33 flags this pattern usually shows up late in bear markets, not confirmed bottoms. btc still ~40% off its $126k ath. some desks aren't convinced yet.
thin supply + real demand = fireworks. thin supply + no demand = nothing happens.
which camp are you in?#BTC
NFA DYOR
$BTC