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0 sats \ 0 replies \ @65165465 OP 7 Aug 2023 \ on: 14.5 Million BTC Set New Record for Bitcoin Long-term Holders' Supply bitcoin
The supply of long-term Bitcoin holders has reached a record high of 14.59 million BTC, accounting for 75% of the circulating supply. This has led to historically low volatility. Bitcoin's price action remains quiet, and there are uncertainties about the next big move. Meanwhile, digital asset investment products saw outflows due to profit-taking. Bitcoin's current price is $29,001, and the overall crypto market is trading in losses as traders await key inflation stats.