Bitcoin

<h2 id="quick-take">Quick Take</h2> 
<p>Over 70% of the existing Bitcoin supply has remained unmoved for a year, marking a significant rise. This uptick is primarily attributed to the wave of buyers who emerged after the FTX collapse in November last year when Bitcoin fell to $15,500.</p> 
<p>The 14-day change in this unmoved supply is one of the most substantial ever seen in Bitcoin. Such drastic changes have only been noted a few times in the history of the digital asset.</p> 
<figure id="attachment_376172" aria-describedby="caption-attachment-376172" style="width: 100%" class="wp-caption aligncenter">
 <figcaption id="caption-attachment-376172" class="wp-caption-text">
  Supply Last Active 1+ years: (Source: Glassnode)
 </figcaption>
</figure> 
<p>Furthermore, long-term holders—investors who have held onto Bitcoin for more than 155 days—are approaching a new milestone with nearly 15 million Bitcoin in possession. This figure represents an all-time high, indicating a strengthening trend towards long-term investment in the currency amid market fluctuations.</p> 
<figure id="attachment_376173" aria-describedby="caption-attachment-376173" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-376173 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/11/LTH.png" alt="Long Term Holder Supply: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/11/LTH.png 1800w, https://cryptoslate.com/wp-content/uploads/2023/11/LTH-300x169.png 300w, https://cryptoslate.com/wp-content/uploads/2023/11/LTH-1024x576.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/11/LTH-768x432.png 768w, https://cryptoslate.com/wp-content/uploads/2023/11/LTH-1536x864.png 1536w" sizes="(max-width: 1800px) 100vw, 1800px">
 <figcaption id="caption-attachment-376173" class="wp-caption-text">
  Long Term Holder Supply: (Source: Glassnode)
 </figcaption>
</figure> 
<p>The post <a href="https://cryptoslate.com/insights/after-ftx-shock-bitcoin-holders-brace-for-the-long-haul-with-record-dormancy/">After FTX shock, Bitcoin holders brace for the long haul with record dormancy</a> appeared first on <a href="https://cryptoslate.com">CryptoSlate</a>.</p>

After FTX shock, Bitcoin holders brace for the long haul with record dormancy

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