Bitcoin Long-Term Holder Metric Hits All-Time High

The metrics related to Bitcoin long-term holders have set new historical records. The supply held for over 10 years accounts for 17.7%, with long-term holders holding 16.75 million coins, achieving a market value of $83.64 billion and an average holding cost of $50,000. These figures indicate that a significant amount of Bitcoin is locked by long-term holders, who refuse to sell despite the average price reaching $50,000. This has led to a tightening of the actual circulating supply in the market, with the behavior of long-term holders providing solid support for Bitcoin's price.

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