Long-Term Holder Supply Surges as Bitcoin Holds Above $63K

Bitcoin is trading at $83,381 as of this writing, according to Coingecko market data. The asset slipped 0.78% over the past 24 hours and 3.58% across the past seven days on $27.8 billion in trading volume.

The Power Law model places the lower band near $63K, but BTC currently sits well above that level. However, it remains below the model trend around $140K, positioning the asset in a structurally supported valuation zone rather than an extreme overvaluation regime.

The long-term holder supply has climbed toward 16.2M BTC as weekly position changes turned strongly positive. This suggests coins are moving into longer-duration holdings, and historically, sustained increases in LTH supply can reduce liquid supply available for immediate selling.