Supply split getting interesting 👀
$BTC hodlers:
< 2 years: 10.29M (51.2%)
≥ 2 years: 9.79M (48.8%)
Nearly half the supply hasn't moved in 2+ years. That's conviction.
When newer hands start feeling pressure, long-term holders just sit there. This is how bottoms form and supply shocks happen.
Watch this metric. When it flips hard one way, liquidity moves fast.
$BTC hodlers:
< 2 years: 10.29M (51.2%)
≥ 2 years: 9.79M (48.8%)
Nearly half the supply hasn't moved in 2+ years. That's conviction.
When newer hands start feeling pressure, long-term holders just sit there. This is how bottoms form and supply shocks happen.
Watch this metric. When it flips hard one way, liquidity moves fast.
