Bitcoin (BTC) Supply Held by Long-Term Holders Hits ATH
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According to Glassnode’s estimations, long-term holders (LTHs) of bitcoin currently own 14.52 million BTC, an all-time high, leaving just 25% for short-term holders and speculators.
The accumulation spree comes despite the fact that BTC’s price has stayed relatively flat in the past month, ranging between approximately $29,000 and $31,000.
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