In-depth analysis of long-term cryptocurrency holding potential
Growth exceeds expectations of 'ancient' Bitcoin supply
According to a report from CryptoSlate published on June 19, research from Fidelity Digital Assets indicates that the accumulation rate of Bitcoin has far exceeded expectations. Coins that have not moved for over ten years have begun to dominate the market, surpassing the daily new issuance. From April 2024, an average of 5.66K BTC is being transferred into long-term holding each day, much higher than the 4.5K BTC provided by miners. Currently, 17% of the total Bitcoin supply, equivalent to about 3.4 million coins, valued at $1.22 trillion, has been held for more than ten years.
The impact of large individuals and the potential for permanent loss
In the list of long-term holders, Satoshi Nakamoto owns about 33% of the total supply, with the rest largely in the hands of individuals or large organizations. Some Bitcoins have been permanently lost due to transaction errors or forgotten keys. The market has witnessed a decline in long-term reserves following the 2024 U.S. presidential election, clearly reflecting the impact of political fluctuations on the behavior of long-term holders.
Organizational trends and future predictions
There are currently over 27 public companies holding a total of over 8, becoming 'giants' in the industry. Fidelity predicts that if institutions holding at least 1K BTC continue to maintain ownership on their balance sheets, by 2035, the 'ancient' Bitcoin supply will exceed 30% of the total circulating supply. This creates opportunities and the potential to move long-term supply into a strategic holding state, while reinforcing Bitcoin's position as a long-term store of value asset.
The importance of market behavior in long-term holding strategies
Price volatility in the cryptocurrency market is clearly reflected in the behavior of long-term investors. About 10% of trading days since the U.S. election have recorded a decrease in long-term Bitcoin reserves. This shows that whether it is organizations or individuals, long-term holding strategies must reflect psychological factors, policies, and market trends at each stage. Long-term investment has the potential to become a dominant method for optimizing profits in the increasingly robust cryptocurrency market.
Explore investment strategies and identify the latest trends in the cryptocurrency market through long-term market data.
Source: https://tintucbitcoin.com/fidelity-luong-bitcoin-khong-dich-chuyen-lon/
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