Long-Term Bitcoin Holders Stockpile Record Amount Amid Market Decline
Bitcoin's long-term holder supply has reached an all-time high of approximately 14.85 million BTC, according to ARK Invest's recent report.
This significant accumulation comes despite Bitcoin's challenging Q2, where it fell roughly 14% to close around $58,544.
The growing supply among long-term holders could indicate a shift in market sentiment, suggesting potential resilience amid external pressures.