Bitcoin Long-Term Holder Share Hits Record High, Possibly Signaling End of Bear Market, According to K33 Analysis

Long-Term Holding Ratio at Peak Levels. Cryptocurrency research firm K33 revealed in its latest report published on the 16th that long-term holders now possess 79% of Bitcoin's circulating supply, a figure that marks an all-time high. The firm's head of research, Betre Lunde, stated that this level reflects ongoing accumulation and a transition towards improved market conditions. Outlets such as The Block have reported on the findings. Lunde cites the holding period of over two years...