Record Bitcoin Holdings Highlight Long-Term Investor Confidence

Bitcoin Holdings Reach New Heights

Recent data reveals a significant rise in Bitcoin held for long durations, underscoring the confidence of long-term investors. An impressive 2.9 million BTC, valued at $82.5 billion, has remained untouched for at least ten years, marking a new milestone. This trend highlights the resilience of long-term investment strategies, even amid market volatility.

Increasing Inactive Bitcoin Supply

The percentage of Bitcoin's supply that hasn't moved for at least five years has reached a record 29.202%. This means nearly one-third of Bitcoin’s total supply remains stationary in single wallets, showing a strong inclination towards holding rather than trading. Similarly, Bitcoin that has been inactive for at least three years hit an all-time high of 40.352%, further emphasizing this trend.

Potentially Lost Bitcoin

A noteworthy aspect of these holdings is the amount of Bitcoin that might be considered lost. This figure recently peaked at 7,818,707.951 BTC, worth approximately $222.78 billion. The calculation is based on "liveliness," a metric indicating market activity. It decreases when investors accumulate and increases when they liquidate.

Understanding Liveliness

Liveliness offers insight into investor behavior by analyzing the ratio of coin days destroyed to all coin days ever created. It serves as a measure of market activity, providing a window into the dynamics of long-term versus short-term holding patterns.

This data collectively paints a picture of steadfast belief in Bitcoin's potential, suggesting that investors are increasingly favoring long-term holding over short-term speculation.