Markets· ★★★· bullish·

CryptoQuant: Long-Term Bitcoin Holder Activity Hits Lows, Signaling Early Bull Cycle

  • —Realized cap share of 18-month-plus coins fell from 26.98% to 26.59%
  • —Coins idle 5+ years move 34,000 BTC a month versus 67,000 in 2024
  • —The 18–24 month cohort remains underwater with a $93,193 cost basis
  • —Bitcoin's 53% drawdown from the $126,200 peak is the shallowest on record
Why it matters: Falling activity among long-term holders has historically preceded Bitcoin rallies, supporting the case for further upside.
#BTC
Source: CryptoHamster
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