Hodling hard: Bitcoin's long-term investors own over 76% of all BTC for the first time
BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should "do the math" as a result, analysis says. Bitcoin (BTC) is becoming scarcer than ever — if you are a BTC price speculator or new to the market. The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage. Bitcoin long-term holder presence beats all-time highs At more than 76%, Bitcoin’s long-term holders (LTHs) control more of the BTC supply than at any point in history. Despite the supply increasing with every block, in percentage terms, the low-time preference Bitcoin investor cohort has a record market presence. As noted by Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole Investments, the achievement marks a first in Bitcoin’s lifespan. “A record 76.2% of the Bitcoin network is locked up with long-term holders today,” he wrote on X on Oct. 18. “Topp...