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Is Bitcoin’s Short-Term Supply Vanishing? Massive Shift to Long-Term Holders Revealed!

DATE POSTED:September 18, 2024

The post Is Bitcoin’s Short-Term Supply Vanishing? Massive Shift to Long-Term Holders Revealed! appeared first on Coinpedia Fintech News

Alex Adler Jr. from CryptoQuant reports a significant shift in Bitcoin supply. The “Short-Term Holders Supply” has dropped to levels not seen since 2012, indicating that Bitcoin held by short-term investors is now flowing into the hands of long-term holders. This trend suggests a substantial increase in long-term HODLing, as investors move their Bitcoin into more stable, long-term holdings. This shift could signal increased confidence in Bitcoin’s future, with investors opting for a prolonged holding strategy.