Long-term BTC holders have accumulated 800,000 Bitcoins in one month, marking a record holding streak.
The supply of long-term Bitcoin holders has increased at a record pace over the last month, according to new data from CryptoQuant.
Long-term BTC holders have amassed 800,000 Bitcoins in a month, which is a record holding streak.
Market News
Key Points:
The supply of long-term Bitcoin holders has increased by a record 800,000 coins in the last 30 days.
Data shows that even an increase of 750,000 BTC has only occurred six times in Bitcoin's history.
The price support of BTC depends on the supply with a cost basis above $93,000.
Long-term Bitcoin holders are making history by increasing their exposure to BTC by 800,000 BTC per month.
New research from on-chain analytics platform CryptoQuant shows that the "holding" mentality of Bitcoin is reaching unprecedented levels.
