Data from Bitcoin financial services provider River reveals that 81% of Bitcoin currently in circulation has not been transferred for more than six consecutive months. This high level of dormancy indicates a significant reduction in liquid supply as the majority of holders maintain their positions without selling. The sustained lack of movement is widely interpreted as a strong long-term holding signal, reflecting deepening conviction among Bitcoin investors. Such accumulation behavior typically reduces immediate sell pressure and suggests market participants are positioning for future price appreciation rather than short-term trading.