79% of Bitcoin Supply Now Locked by Long-Term Holders. Analyst Sees Bear Market Nearing Exhaustion
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.
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