Supply flip incoming 👀
$BTC held <2 years: 10.31M (51.3%)
$BTC held ≥2 years: 9.79M (48.7%)
We're literally at a 50/50 split. Half the supply is fresh hands, half is diamond hands.
This matters because:
- New buyers = potential paper hands in volatility
- OG holders = conviction zone, unlikely to dump
- When this ratio flips back toward LTHs, supply shock intensifies
Watch this metric. When long-term holders start absorbing more supply again, that's your signal for the next leg up.
$BTC held <2 years: 10.31M (51.3%)
$BTC held ≥2 years: 9.79M (48.7%)
We're literally at a 50/50 split. Half the supply is fresh hands, half is diamond hands.
This matters because:
- New buyers = potential paper hands in volatility
- OG holders = conviction zone, unlikely to dump
- When this ratio flips back toward LTHs, supply shock intensifies
Watch this metric. When long-term holders start absorbing more supply again, that's your signal for the next leg up.