- Thread Author
- #1
This is actually insane. Since late March, the amount of Bitcoin being classified as "long-term holder" supply has been absolutely exploding. It's a massive signal that most retail investors are completely missing.
Here's what's actually happening: All that Bitcoin accumulated from the end of last year through early 2024? It's not moving. At all. These coins are just sitting there, aging like fine wine, transitioning into the hands of true believers who aren't even thinking about selling.
These aren't your typical retail panic sellers who dump at the first red candle. These are the players who bought the dip, weathered the storm, and are now officially part of the HODLer elite.
What makes this even more bullish is the timing. This accumulation started building right as institutions got serious and ETFs launched. The fact that all this supply is now locked up in strong hands means way less available Bitcoin when the next FOMO wave hits.
The technical implications are huge. When long-term holder supply increases this aggressively, it typically creates a supply squeeze that fuels the next major leg up. We're watching the market remove liquid Bitcoin from circulation and park it with people who have zero intention of selling.
Plot twist: This could be setting us up for one of those violent moves to the upside that catches everyone off guard. When the next wave of FOMO hits, they're going to be fighting over a much smaller pool of available Bitcoin.
This feels like one of those quiet accumulation phases that historians will look back on as the setup for the next parabolic move.
Here's what's actually happening: All that Bitcoin accumulated from the end of last year through early 2024? It's not moving. At all. These coins are just sitting there, aging like fine wine, transitioning into the hands of true believers who aren't even thinking about selling.
These aren't your typical retail panic sellers who dump at the first red candle. These are the players who bought the dip, weathered the storm, and are now officially part of the HODLer elite.
What makes this even more bullish is the timing. This accumulation started building right as institutions got serious and ETFs launched. The fact that all this supply is now locked up in strong hands means way less available Bitcoin when the next FOMO wave hits.
The technical implications are huge. When long-term holder supply increases this aggressively, it typically creates a supply squeeze that fuels the next major leg up. We're watching the market remove liquid Bitcoin from circulation and park it with people who have zero intention of selling.
Plot twist: This could be setting us up for one of those violent moves to the upside that catches everyone off guard. When the next wave of FOMO hits, they're going to be fighting over a much smaller pool of available Bitcoin.
This feels like one of those quiet accumulation phases that historians will look back on as the setup for the next parabolic move.
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