According to a post by Alex Thorn (@intangiblecoins), Head of Research at Galaxy Research, metrics related to Bitcoin long-term holders have all reached new all-time highs: - The percentage of supply held for 10+ years has reached 17.7% - The total amount held by long-term holders stands at 16.75 million BTC - The realized market cap of long-term holders has reached $836.4 billion - The average cost basis for long-term holders has reached $50,000 These figures indicate that a significant portion of Bitcoin supply is firmly locked in by long-term holders, who continue to hold despite an average price of $50,000. This has led to a持续 tightening of actual circulating supply, with long-term holder behavior providing strong foundational support for Bitcoin’s price.
Bitcoin long-term holder metrics reach all-time highs
TechFlowShare
Summary
Bitcoin news shows long-term holder metrics reaching all-time highs, according to Galaxy Digital’s Alex Thorn. Network data reveals that 17.7% of the supply has been held for 10 years or more, with 16.75 million coins in long-term storage and a realized market cap of $836.4 billion. The average holding cost is $50,000.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.