Bitcoin's long-term holder (LTH) supply has seen its first increase since April, according to on-chain data. This uptick involves Bitcoin that has remained inactive for over six months, indicating a maturation of past accumulations into the LTH category. The shift, noted by Charles Edwards of Capriole Investments, does not reflect new buying activity but suggests a change in investor behavior. Previously, a similar increase in LTH supply preceded a rally to all-time highs. Meanwhile, Bitcoin's price, which briefly fell below $84,000, has rebounded to $87,500.
Bitcoin Long-Term Holder Supply Increases for First Time Since April
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