Bitcoin Magazine
79% of Bitcoin Supply Now Locked by Long-Term Holders. Analyst Sees Bear Market Nearing Exhaustion
Bitcoin may be nearing a bear market bottom, according to K33, as long-term holders now control a record 79% of circulating supply and historically low old-coin spending suggests persistent accumulation despite ongoing macroeconomic uncertainty.
This post 79% of Bitcoin Supply Now Locked by Long-Term Holders. Analyst Sees Bear Market Nearing Exhaustion first appeared on Bitcoin Magazine and is written by Micah Zimmerman. Bitcoin MagazineRead More