Bitcoin long-term holders have reached a record value of $81,000 per BTC, with holdings increasing to approximately 16 million BTC, according to CoinMarketCap. This marks a significant rise from 14.3 million BTC at the end of last year. The accumulation intensified as Bitcoin's price fluctuated between $78,000 and $81,000, with about 870,000 BTC transitioning from short-term to long-term holders since late April.
This trend indicates strong market confidence in Bitcoin, despite recent price volatility. Analysts suggest that the current accumulation phase reflects a tightening supply, although some of the movement may be attributed to existing holders rebalancing their portfolios rather than solely new demand.
Bitcoin Long-Term Holder Value Hits Record $81,000
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