Bitcoin's Volatility Hits Multi-Year Lows Amid Record-Holding Supply

Bitcoin's one-year realized volatility has hit multi-year lows at 42%, despite experiencing a 14% drop in Q2 of this year, closing near $58,544.

This suggests that selling pressure was orderly and not panic-driven, indicating a more mature market compared to past sharp corrections where volatility spiked above 80%.

Long-term holders now control a record 14.85 million BTC, limiting active supply, which is also contributing to the subdued volatility.