Bitcoin

<ul> 
 <li>Long-term Bitcoin Hodlers have acquired nearly 440k BTC since the start of the year.</li> 
 <li>Circulating supply growth has seen a comparatively smaller increase of around 187k BTC during the same period.</li> 
 <li>Long-term Hodlers’ accumulation signals strong confidence in Bitcoin’s potential.</li> 
</ul> 
<p>Bitcoin’s long-term Hodlers have demonstrated unwavering confidence in the leading cryptocurrency as they continue to accumulate substantial amounts of BTC. Since the beginning of the year, long-term Hodlers have increased their holdings by nearly 440k BTC, showcasing their strong conviction in Bitcoin’s future prospects.</p> 
<p>In contrast, the circulating supply of Bitcoin has experienced comparatively modest growth, with an increase of approximately 187k BTC over the same period. This divergence between long-term Hodlers’ accumulation and circulating supply growth signals a bullish sentiment among dedicated Bitcoin investors.</p> 
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   <p lang="en" dir="ltr">Since the beginning of the year, long-term Hodlers have increased their holdings by nearly 440k <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a>, while the circulating supply has only seen a growth of approximately 187k <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> over the same period. <a href="https://t.co/xJN4xV7sly" rel="noopener noreferrer nofollow">pic.twitter.com/xJN4xV7sly</a></p>— Jan Wüstenfeld (@JanWues) <a href="https://twitter.com/JanWues/status/1683114404013801472?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 23, 2023</a> 
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<p>Long-term Hodlers are known for their strategic approach to holding onto their Bitcoin investments for extended periods, irrespective of short-term market fluctuations. Their commitment to HODLing indicates a belief in Bitcoin’s long-term value and potential for growth, which is further exemplified by their increased accumulation of the cryptocurrency.</p> 
<p>The data illustrates that a significant portion of the Bitcoin supply is held by dedicated Hodlers who view the digital asset as a store of value and a hedge against inflation. This trend is likely to contribute to reduced Bitcoin liquidity in the market, potentially leading to price appreciation due to increased demand.</p> 
<p>As Bitcoin continues to gain mainstream recognition and institutional interest, long-term Hodlers’ confidence remains unshaken. Their sustained accumulation showcases their commitment to Bitcoin’s underlying principles and its role as a disruptive force in the global financial landscape.</p> 
<p>The increasing number of Bitcoin Hodlers who have held their positions for extended periods also highlights the growing understanding and acceptance of Bitcoin’s unique value proposition as digital gold. This perception has garnered interest from institutional investors and corporates, further fueling Bitcoin’s adoption as a legitimate asset class.</p> 
<p>While short-term price fluctuations are inevitable in the volatile cryptocurrency market, long-term Hodlers’ continued accumulation emphasizes the importance of a robust and patient investment strategy when considering Bitcoin as a long-term asset.</p> 
<p>In conclusion, long-term Bitcoin Hodlers have significantly increased their holdings, acquiring approximately 440k BTC since the beginning of the year. This accumulation trend outpaces the growth in circulating supply, indicating strong confidence in Bitcoin’s potential as a transformative digital asset. As the cryptocurrency market evolves, long-term Hodlers continue to play a vital role in shaping Bitcoin’s trajectory and its position as a store of value and hedge against traditional financial uncertainties.</p> 
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 <li><a href="https://cryptonewsland.com/78-of-bitcoins-circulating-supply-is-now-in-self-custody/" rel="noopener noreferrer nofollow">78% of Bitcoins Circulating Supply is Now in Self-Custody</a></li> 
 <li><a href="https://cryptonewsland.com/long-term-holder-spending-will-measure-btcs-success/" rel="noopener noreferrer nofollow">Long-Term Holder Spending Will Measure BTC’s Success</a></li> 
 <li><a href="https://cryptonewsland.com/69-of-bitcoin-supply-remains-unmoved/" rel="noopener noreferrer nofollow">69% of Bitcoin Supply Remains Unmoved for Over a Year</a></li> 
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</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/long-term-bitcoin-hodlers-increase-holdings-by-440k-btc/">Long-Term Bitcoin Hodlers Increase Holdings by 440k BTC, Surpassing Circulating Supply Growth</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Long-Term Bitcoin Hodlers Increase Holdings by 440k BTC, Surpassing Circulating Supply Growth

Crypto News Land

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