Long-Term Bitcoin Investors Reach ATH in 15 Years, Control 74% of Supply
Ark Investment's research notes a surge in long-term Bitcoin (BTC) holders who control 74% of the Bitcoin supply. This event marks the highest point for Long Term Holders (LTH) of Bitcoin in the last 15 years.
Furthermore, this achievement indicates an increase in investor confidence in the digital asset, which can be regarded as 'digital gold'. Thus, this crypto asset is believed to be a hedging investment instrument.
It is known that this surge occurred simultaneously with the price of Bitcoin rising above US$100 thousand. In addition, investors holding Bitcoin for more than 155 days are classified as long-term holders of the asset.
Moreover, this trend is driven by high institutional adoption, with many companies incorporating Bitcoin into their investment strategies. Notably, since the administration of U.S. President Donald Trump endorsed strategic Bitcoin reserves for the country.