
Bitcoin Long-Term Holders Go Quiet – On-Chain Signals Hint Classic Accumulation
Bitcoin is navigating a high-stakes environment as escalating Middle East tensions and mounting macroeconomic risks fuel market volatility. The flagship cryptocurrency is holding above critical support, with bulls maintaining control for now. However, hawkish conditions—driven by rising US Treasury yields, inflation concerns, and geopolitical instability—pose a real threat to Bitcoin’s strength. A drop below the […]
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Bitcoin’s new all-time highs appear to have been triggered by a dramatic reduction in active supply over recent months. Bitcoin investors appear to be increasingly sitting on their hands in hopes of higher prices, with the share of Bitcoin’s supply that has remained inactive for the past three months spiking to a record high of 85%. On-chain analytics provider Glassnode identified the milestone in its Nov. 8 “The Week Onchain” report, concluding: “Investors are just not spending their coins.”Addresses that have not moved their BTC in 12-months, dubbed “long-term holders” (LTH), are among....
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