{"id":75760,"date":"2026-07-22T12:35:43","date_gmt":"2026-07-22T12:35:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/heres-what-the-data-shows\/"},"modified":"2026-07-22T12:35:43","modified_gmt":"2026-07-22T12:35:43","slug":"heres-what-the-data-shows","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/heres-what-the-data-shows\/","title":{"rendered":"Here&#8217;s What the Data Shows"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin long-term holder supply hit a fresh all-time high on July 21, per Coinglass data.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The cohort held 16.64 million BTC, about 83% of supply, worth roughly $1.07 trillion in June.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Cryptoquant\u2019s Ki Young Ju says Strategy and ETF buyers are absorbing old-whale selling.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>A Record Built Over 2.5 Years<\/h2>\n<p>Long-term holders (LTH), a category tracking wallets that have held bitcoin for at least 155 days, own more of the circulating BTC supply than at any point on record. The classification, based on Glassnode\u2019s widely used methodology, treats coins that survive the 155-day threshold without moving as statistically unlikely to be sold soon, making the metric a proxy for conviction among bitcoin\u2019s existing owners rather than new demand.<\/p>\n<p><\/p>\n<p>The current run has been building since early 2024 as long-term holder supply has largely fluctuated between 14 million and 16 million BTC since the January 2024 launch of spot bitcoin exchange-traded funds (ETFs), topping out near 16.4 million BTC before entering a roughly 2.5-year downtrend.<\/p>\n<p>By May, the metric had broken out of that downtrend and climbed back to about 16.3 million BTC, adding more than 2 million coins during the broader bear market and rising at a pace of roughly 200,000 BTC a month. By June, it had cleared its old high to reach the fresh record of 16.64 million BTC, worth about $1.07 trillion with bitcoin trading near $64,100 at the time.<\/p>\n<h2>Whales Buying, Retail Selling<\/h2>\n<p>The composition of who is buying matters as much as the total, with Cryptoquant CEO Ki Young Ju recently pointing to a specific dynamic behind the climb, noting that \u201cStrategy and ETF buyers absorbed large old-whale selling.\u201d In other words, some of bitcoin\u2019s earliest, largest holders have been distributing coins even as new long-term buyers, corporate treasuries like Strategy and spot ETF vehicles among them, step in to absorb that supply and hold it for the long run.<\/p>\n<p>Bitcoin.com News has tracked a similar pattern building since mid-February, when long-term holders <a href=\"https:\/\/news.bitcoin.com\/bitcoin-long-term-holders-return-to-accumulation-mode-binance-sees-early-bull-market-signals\/\">returned to accumulation mode<\/a> and Binance data pointed to tightening supply conditions consistent with the early stages of a new market cycle.<\/p>\n<p>A related shift has also shown up in wallet-size data, i.e. large whale wallets have added tens of thousands of BTC in recent months even as <a href=\"https:\/\/news.bitcoin.com\/whales-vs-mid-tier-holders-the-dramatic-shift-in-bitcoin-ownership-splitting-the-market\/\">mid-tier holders sold<\/a>, a redistribution that further concentrates supply among wallets less likely to sell into short-term price swings.<\/p>\n<h2>What Rising HODLing Usually Signals<\/h2>\n<p>The behavior lines up with a pattern long-term holders have shown in past cycles. Coins held for more than 155 days tend to get accumulated during price weakness and distributed during price strength, a rhythm previously documented through <a href=\"https:\/\/news.bitcoin.com\/chart-bitcoin-2-years\/\">HODL wave maps<\/a> showing large shares of supply going untouched for years at a time. Similar buildups occurred during the 2015 and 2019 bear markets, both of which preceded periods of renewed price strength once demand returned.<\/p>\n<p>The practical effect of rising LTH supply is a shrinking liquid float because as more BTC gets locked away by holders with no near-term intention to sell, the amount available for active trading on exchanges declines, a dynamic that has historically amplified price moves in either direction once demand shifts meaningfully.<\/p>\n<p>Analysts caution the metric shouldn\u2019t be read in isolation, however, since accumulation alone doesn\u2019t guarantee a price reaction without a corresponding demand catalyst.<\/p>\n<p>Crypto staking platform Everstake postured the record more cautiously, noting that \u201cthe price may move up and down, but the network keeps improving,\u201d a reminder that supply-side metrics track investor behavior and network health rather than predicting near-term price direction on their own.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-long-term-holder-supply-all-time-high-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin long-term holder supply hit a fresh all-time high on July 21, per Coinglass data. The cohort held 16.64 million BTC, about 83% of supply, worth roughly $1.07 trillion in June. Cryptoquant\u2019s Ki Young Ju says Strategy and ETF buyers are absorbing old-whale selling. A Record [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":75761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75760"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75760"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75761"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}