{"id":82728,"date":"2023-08-07T16:32:09","date_gmt":"2023-08-07T13:32:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=82728"},"modified":"2025-09-12T06:50:28","modified_gmt":"2025-09-12T03:50:28","slug":"bitcoin-held-by-long-term-holders-hits-new-high","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-held-by-long-term-holders-hits-new-high\/","title":{"rendered":"Bitcoin held by long-term holders hits new high"},"content":{"rendered":"

Long-term Bitcoin holders control a record 14.599 million BTC, representing 75% of the total cryptocurrency supply, according to Glassnode.<\/p>\n

\"\u041e\u0431\u044a\u0435\u043c
\u0414\u0430\u043d\u043d\u044b\u0435: X<\/a>.<\/figcaption><\/figure>\n

In the past seven days, the aggregate balance of these wallets rose by 43,949 BTC (about $1.274 billion at the price at the time of writing).<\/p>\n

Glassnode defines long-term holders as addresses whose assets have not moved for more than 155 days (~five months). Analyses by the analytics service show a statistically low likelihood that these coins will be spent, and they are presumed to be in a HODL status.<\/p>\n

Checkmate, a leading on-chain analyst at Glassnode, also noted that Bitcoin’s realized volatility has fallen to historical lows. On various timeframes, the indicator is the quietest since March 2020, he said.<\/p>\n

\"\u041e\u0431\u044a\u0435\u043c
\u0414\u0430\u043d\u043d\u044b\u0435: X<\/a>.<\/figcaption><\/figure>\n
\n

Historically, such low volatility is consistent with bear-market hangovers (the accumulation phase), the expert noted.<\/p>\n<\/blockquote>\n

In his words, only after the indicator’s low in November 2018 did Bitcoin fall by about 50%. Other cases were precursors to a bullish impulse. Therefore price movement could go in either direction, but historically rallies occurred more often, he added.<\/p>\n

\"\u041e\u0431\u044a\u0435\u043c
\u0414\u0430\u043d\u043d\u044b\u0435: X<\/a>.<\/figcaption><\/figure>\n

Analyst Michael van de Poppe dispelled<\/a> investors’ expectations that Bitcoin would fall to $12,000 before a new rally.<\/p>\n","protected":false},"excerpt":{"rendered":"

Long-term holders control a record 14.599 million BTC, representing 75% of the total cryptocurrency supply, according to Glassnode.<\/p>\n","protected":false},"author":1,"featured_media":82729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1273,1145,1138],"class_list":["post-82728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-glassnode","tag-market-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=82728"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82728\/revisions"}],"predecessor-version":[{"id":82730,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82728\/revisions\/82730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/82729"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=82728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=82728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=82728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}