Bitcoin Long-Term Holder Supply Reaches an All-Time High
According to the latest data published by CoinGlass, bitcoin has just reached a new onchain record. We are referring to long-term investors or holders who now control 79% of the circulating supply. A first in the history of cryptocurrency! Certainly, this indicator in no way guarantees an increase in bitcoin’s price. However, it could influence the dynamics of the next crypto market cycle. Hence the importance of paying special attention to it.