Analysis: 75% of circulating Bitcoin has not been moved in more than 6 months, indicating that long-term holders are betting on price increases

According to Bitcoin Magazine Pro, nearly 75% of circulating Bitcoin has not moved in more than six months. This strong HODLing behavior reflects holders’ strong belief in the long-term value of Bitcoin, despite market volatility. The dominance of older Bitcoins (held for 6 months or more) suggests that long-term investors are increasingly holding Bitcoin, perhaps anticipating future price increases. This holding trend is important because it indicates a reduction in the supply of Bitcoin available for transactions, which could lead to steady price increases or even potential price appreciation as demand grows. (ZeroHedge)