Fast Take
- Glassnode defines long-term holders (LTH) as holders of Bitcoin (BTC) for 155 days.
- 155 days in the past would put us round November 23, 2022, after the collapse — We should always now anticipate to see cash turning into LTHs.
- LTH provide is now at an all-time excessive of 14,282,817 million Bitcoin.
- Whereas the 30-day web place change of LTHs is at a year-to-date excessive, accumulating 161,000 Bitcoin up to now 30 days.
- The unrealized realized value distribution (URPD) metric: the availability is proven within the value bucket — at which the respective entity has (on common) acquired its cash. As you possibly can see, most cash acquired at $15,500 have now turned blue — indicating LTHs.
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