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via CoinDesk · By CoinDesk Staff

Bitcoin analysis: BTC long-term holder supply rises by more than 2 million coins

BTC

BTC/USDT

$79,968.96

+0.44%

$79,968.96

+0.44%

(24s)

24h Volume

$7,081,800,115.04

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,977.99

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,977.99

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.1

CoinDesk Staff

(01:23 PM UTC)

1 min read

Approved bySarah Chen

0 comments

Bitcoin's long-term holder supply approaches record high, breaking multi-year downtrend

Long-term holder supply has surged by more than 2 million coins to 16.3 million BTC during the current bear market.

Bitcoin's long-term holder (LTH) supply is approaching all-time highs. Currently, 16.3 million BTC is held by this cohort, defined as investors who have held bitcoin for at least 155 days.

LTH…

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Source

CoinDesk Staff · CoinDesk

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