Analysis: Long term BTC holders show patience with the market or are waiting for higher prices

Odaily Planet Daily News: Despite the recent sell-off in the cryptocurrency market, the strong long-term supply of Bitcoin suggests that the price will still rise. Currently, about 45% of the supply has not been liquid for at least three years, similar to the situation in February 2024. Since May 2024, the five-year unused supply has remained stable at 30%. Analysis suggests that despite the selling behavior of long-term holders (as they usually do when prices rise), data shows that this group has not significantly changed their overall trading behavior over the past year, which means many people are waiting for higher prices before taking further action. （CoinDesk）