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Long-term holder supply hits an all-time high

May 19, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Fast Take

The entire quantity of circulating provide held by long-term holders.  Lengthy and Brief-Time period Holder provide is outlined with respect to the entity’s common buying date with weights given by a logistic operate centered at an age of 155 days and a transition width of 10 days.
Lengthy-term holder provide has hit an all-time excessive of 14.463M.
A rise of 300k cash from April 12 was 155 days after the FTX collapse.
Brief-term holder provide has dropped by the identical quantity of 300K cash.
LTHs on the backside of the cycle confirmed unwavering conviction throughout the FTX collapse.

Supply: (Source: Glassnode)
Provide: (Supply: Glassnode)

The publish Lengthy-term holder provide hits an all-time excessive appeared first on CryptoSlate.

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Tags: AllTimeHighHitsHolderLongTermSupply
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