Data now shows that Bitcoin long-term holders now hold 78% of the total circulating supply which is the highest value we’ve ever seen

Bitcoin Long-Term Holders Now Hold 78% Of Supply, Highest Level Ever

“the divergence between the long-term holders and the short-term holders is at its greatest right now. The long-term holders (LTHs) and the short-term holders (STHs) are the two main holder groups that the entire Bitcoin market can be divided into.

The STHs include all investors that bought their coins within the last six months, while the LTHs include those who acquired their BTC earlier than this threshold amount.

Statistically, the longer investors hold onto their coin, the less likely they become to sell at any point. Thus, the LTHs generally tend to keep their coins dormant for longer periods than the STHs. Because of this reason, the LTHs are also often referred to as the ‘diamond hands’ of the Bitcoin market.

Now, the relevant indicator here is the ‘percent young vs old supply,’ which measures what percentage of the total circulating BTC supply is currently being held by the STHs (the ‘young’ supply) and what’s being held by the LTHs (the ‘old’ supply).”

https://bitcoinist.com/bitcoin-long-term-holders-hold-78-of-supply-highest/