Bitcoin long-term holder supply climbs to 16.3 million coins

Long-term bitcoin holders have increased their holdings by more than 2 million coins during the current bear market. The supply now stands at 16.3 million BTC, approaching previous records. This shift comes as prices remain below earlier peaks above $126,000.

Bitcoin's long-term holder supply has risen sharply. Investors who keep coins for at least 155 days now control 16.3 million BTC. The total grew from 14.12 million BTC around the time of the record high in October and added roughly 200,000 BTC in the past month alone.

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Illustration of Bitcoin price stability near 60000 with selling pressure from dollar strength and corporate sales.
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Bitcoin holds near $60,000 amid selling pressure

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Bitcoin has traded in a tight range between $59,000 and $60,000 for five straight days. Analysts warn that a break lower could target $40,000. Pressure is mounting from a stronger U.S. dollar and plans by Strategy to potentially sell more than $1 billion of its Bitcoin reserves.

Michael Saylor's firm Strategy now controls a record 65 billion dollars worth of Bitcoin.

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Bitcoin climbed back over $77,000 on Wednesday as traders weighed technical support levels against ongoing macroeconomic pressures. The move followed a five-day losing streak and lifted some altcoins alongside major crypto indexes. Analysts highlighted key resistance near $82,500 and stressed the need for renewed ETF inflows to sustain gains.

Bitcoin stayed above 80,000 dollars on Friday while altcoins led gains across crypto markets. Coinbase shares recovered 10 percent from session lows after the exchange reported a quarterly loss.

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Bitcoin's blockchain shows its strongest activity since late 2024, driven by a surge in small transactions even as the price remains under pressure.

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