Long-Term Bitcoin Holders Reach Record 79% of Circulating Supply

Long-term Bitcoin holders have reached a record high of owning 79% of the token's circulating supply. According to K33 Research, cited by Crypto-focused media outlet Odaily on June 25, this marks the highest share on record.

The increasing concentration among long-term holders suggests that less supply is available for short-term selling. If these investors continue to hold through periods of price correction, liquid supply in the market could tighten further.

However, a decline in tradable supply does not automatically translate into higher prices. Macroeconomic factors, flows into spot exchange-traded funds, and changes in derivatives positioning can still drive price volatility in the short term.