Bitcoin News Today: Bitcoin Long-Term Holder Supply Nears 75% Amid $65,000 Price Stability

Bitcoin's long-term holder supply has reached nearly 75% of the total circulating supply, according to new data from 2025. This metric is at its highest since 2016, indicating strong conviction among long-term investors. Concurrently, Bitcoin's price has remained stable above $65,000, reflecting a period of consolidation and reduced volatility.

The trend of increasing long-term holder supply has been consistent since the 2022 consolidation phase. This pattern mirrors earlier accumulation cycles observed before significant price rallies in 2013, 2017, and 2020. Historically, during bull cycles, there has been an inverse correlation between Bitcoin's price action and the percentage of coins held by long-term holders. However, recent years have shown a growing alignment between these two metrics.

In 2017, during Bitcoin's steep climb to $20,000, the long-term holder supply fell below 55%. Similarly, in 2021, the percentage dropped under 60% as the price surged above $60,000. These dips occurred as holders began distributing to newer market participants. In contrast, as of mid-2025, the long-term holder share has remained stable above 70% and is now trending near 75%. This shift signals reduced selling pressure and a stronger belief in long-term value among current holders.

The current trend shows reduced volatility and fewer liquidations compared to earlier parabolic spikes. This may reflect the evolving maturity of Bitcoin markets and the increasing presence of institutional investors. From 2010 to 2014, long-term holder supply was highly volatile, swinging between 35% and 85%. This period reflected early market experimentation and the rise of speculative activity. By 2016, the long-term holder supply settled near 70%, just before Bitcoin's push above $1,000.

In subsequent years, especially during the 2018–2019 bear market, the long-term holder metric rose steadily. This climb preceded the 2020 breakout, where Bitcoin rose past $10,000 and eventually topped $60,000. This consistent pattern now appears to be repeating as supply consolidation leads price action. During the COVID crash in 2020, long-term holder supply sharply dipped but rebounded by early 2021. This rebound preceded one of the fastest rallies in Bitcoin's history. The present chart displays a similar structure, with post-2022 accumulation holding strong above the 70% mark.

The consistent rise in long-term holder share through 2023–2025 suggests stronger institutional participation. Many large entities hold Bitcoin off exchanges, contributing to reduced supply liquidity. This trend also reduces the likelihood of extreme short-term volatility. Entity-adjusted data compiled by Glassnode supports this conclusion by filtering out exchange-held and short-term wallets. It reveals a growing base of dormant coins, suggesting minimal movement despite price spikes. This often reflects cold storage by funds and custodians.

ARK’s report categorises this behaviour as structural maturity, backed by algorithmic filtering that separates short-term speculative inflows. The combination of high price and high long-term holder supply has only appeared in a few market phases before. These metrics now present a rare alignment, with Bitcoin above $65,000 and long-term holder ownership nearing 75%. Analysts will be watching closely for the next move as holders continue to accumulate while the price remains elevated.