Long-term Bitcoin Holders Accumulating Coins at Record Rate, Causing Illiquidity and Potential Price Rally
- Long-term crypto investors accumulating 50,000 BTC worth $1.35B per month
- Total BTC held by long-term HODLers reached all-time high of 14.859M BTC
- 76% of Bitcoin's circulating supply held by long-term holders
- Increased coin dormancy signals illiquidity and potential for price rally
- Data from blockchain analytics firm Glassnode shows sustained coin dormancy
