Long-Term Bitcoin Holders Own 80% of the Circulating BTC | Finance Magnates - Aliens: AI Crypto News & Markets Updates

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Long-Term Bitcoin Holders Own 80% of the Circulating BTC | Finance Magnates

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FinanceMagnates

Tue, Sep 28, 2021

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Long-Term Bitcoin Holders Own 80% of the Circulating BTC.

The overall volume of Bitcoin held by long-term holders has reached an all-time high of 80.5% of the circulating supply, according to the recent data published by Glassnode.

Apart from the record number of coins held the long-term Bitcoin holders, the BTC lightning network also saw significant growth during the last week.

During the recent bull market of 2020/21, approximately 12.3% of the circulating Bitcoin supply was accumulated by the long-term holders.

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