Bitcoin Long Term Holder Supply

Long-Term Holder Supply

Definition: Long-Term Holder (LTH) Supply refers to the amount of Bitcoin held by investors who have kept their coins for an extended period of more than 155 days. These holders are often seen as having strong conviction in Bitcoin's future value and are less likely to sell during market volatility.

Implications: When LTH Supply is high, it indicates a strong belief in Bitcoin's long-term potential, suggesting that these holders are less likely to sell, even during price dips. Conversely, a decrease in LTH Supply can signal profit-taking or a shift in market sentiment.

Current Trends: As of now, the LTH Supply is slightly below its all-time high from November and December 2024, where it reached almost 16 million BTC, or about 80% of the circulating supply. It has since pulled back. This reduction can be attributed to some long-term holders taking profits, as well as movements of coins between different types of investment vehicles, such as from GBTC to other ETFs.