The long -term supply of the holder (LTH), as followed by Glassnode, reached a record of 14.46 million BTC, reporting that the price gains are in store.
LTHS, defined as investors holding Bitcoin
For at least 155 days, are often considered “smart money”, strategically buying during price reductions and sale during the hausstone market peaks. This high -level offer of all time suggests that experienced investors anticipate higher prices, a model historically associated with significant price rallies.
From March to June, LTH’s offer increased by around 500,000 BTC, while short -term holders (STHS) sold around 350,000 BTC
Many investors are now classified as the LTH have entered the market in the euphoria of the inauguration of Trump in January and $ 109,000. Five months later, after enduring a 30% correction and now the rebound to a record, these LTHs demonstrate resilience.
LTHs currently represent around 73% of the Bitcoin circulating offer of 19.88 million BTC, highlighting their domination on the market. This concentration of bitcoin in long -term hands suggests a potential of more prices.
