Monday, July 7, 2025
The Dao Makers
No Result
View All Result
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
No Result
View All Result
The Dao Makers
No Result
View All Result

Bitcoin long-term holders remain bullish despite losses

by The Dao Makers
December 15, 2022
in Launchpads
Reading Time: 4 mins read
0 0
A A
0
Home Launchpads
Share on FacebookShare on Twitter


Bitcoin’s (BTC) year-long decline has left a number of holders with unrealized losses, together with long-term holders (LTH) who’ve held the coin for not less than six months.

Nonetheless, CryptoSlate’s evaluation of Glassnode knowledge confirmed that this group of buyers stays bullish on the flagship digital asset.

BTC Total Supply held
Supply: Glassnode

In keeping with Glassnode knowledge, the cohort holds a record-high quantity of Bitcoin –13.8 million. The group can also be thought-about the sensible cash of the Bitcoin ecosystem as a result of they normally accumulate throughout bear markets and promote throughout bull runs.

For context, long-term holders added round 1 million BTC to their holdings in November. This was as a result of LUNA’s crash in Might triggered a major dip in worth that allowed merchants to build up the asset. Those who purchased Bitcoin on the time are actually a part of this cohort, as they’ve held for the final six months.

Lengthy-term holders at ATH regardless of Nov. capitulation

In the meantime, the latest FTX collapse led to a minor capitulation amongst LTH, inflicting their provide to drop barely in early November. Regardless of this, the Glassnode knowledge chart under reveals that long-term holders’ provide continues to be at an all-time excessive.

LTH Supply Capitulation
Supply: Glassnode

For a lot of, that’s bullish as a result of buyers usually are not capitulating. Ark Funding shares this view, because it stated the info level signifies the cohort’s “long-term focus and excessive conviction, regardless of latest occasions.”

6 million BTCs held at a loss by long-term holders

Glassnode knowledge, as analyzed by CryptoSlate, confirmed that long-term holders is likely to be holding their Bitcoin as a result of they stand to incur substantial losses in the event that they promote.

In keeping with the info, round 6 million BTC held by long-term holders is at the moment at a loss –the very best ever.

The final time the group had this much-unrealized losses was in 2015, 2019, and 2020 after they held over 5 million BTC.

This cycle’s long-term holders recorded the 2 largest losses

Additional evaluation by CryptoSlate confirmed that long-term holders recorded two of the most important losses in historical past throughout this market cycle.

LTH losses
Supply: Glassnode

In keeping with Glassnode knowledge, this cycle’s long-term holders misplaced 0.09% of BTC’s market cap per day in June and November when the business reeled from the collapse of Terra’s ecosystem and FTX’s crash. This was solely surpassed by losses recorded in 2015 and 2019.

No matter these large losses, 78% of BTC’s whole provide continues to be held by long-term holders, much like the 2015 bear market ranges.

LTH Hodl waves
Supply: Glassnode

Learn Our Newest Market Report

Get an Edge on the Crypto Market 👇

Turn out to be a member of CryptoSlate Edge and entry our unique Discord group, extra unique content material and evaluation.

On-chain evaluation

Value snapshots

Extra context

Be part of now for $19/month Discover all advantages



Source link

Tags: BitcoinBullishHoldersLongTermLossesRemain
Previous Post

Bridging the Empathy Gap with Human-Centered AI: Our Conversation with Uday Akkaraju, CEO of BOND.AI

Next Post

Binance’s Proof-Of-Reserves Report “Makes Sense” With On-Chain Data, Says CryptoQuant

Related Posts

Launchpads

MEXC Releases Bimonthly Transparency Report: $559 Million Reimbursed to Users, $2.2M in Illicit Assets Blocked

July 7, 2025
Launchpads

why industry veteran Jameson Lopp sees apathy as the greatest threat

July 6, 2025
Launchpads

XRP Cryptocurrency × Dogecoin Mining: HASHJ launches dual-currency cloud channel to help investors obtain cryptocurrency!

July 6, 2025
Launchpads

Hackers steal $140M from Brazilian central bank reserve accounts via partner breach

July 5, 2025
Launchpads

CertiK Validates FUNToken’s Smart Contract Strength With “AA” Upgrade

July 4, 2025
Launchpads

Circle stock outpaces Bitcoin with 472% growth since June IPO

July 3, 2025
Next Post

Binance's Proof-Of-Reserves Report "Makes Sense" With On-Chain Data, Says CryptoQuant

Photographer and historian Deborah Willis receives $200,000 prize from Crystal Bridges Museum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Latest Week in Ethereum News : ethereum

December 17, 2022

Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil

July 4, 2025

5 Generations, 1 Team — Heres How to Lead a Multigenerational Workforce

July 7, 2025

🦄 uniswap-universal-router-decoder ✨ v0.8.0 ✨ has just been released !!

March 18, 2023

The four times Bitcoin price fell by Independence Day each year

July 4, 2025

Shenzhen warns citizens of investment scams using stablecoins

July 7, 2025

SELL ALTCOINS NOW? | BITCOIN | CRYPTO NEWS BANGLA | BULL RUN | ALTSEASON | MARKET

37

Why Facebook-Parent Meta Is Willing To Lose Billions On The Metaverse

46

BTC Price Predictions, SUI Fall, HYPE, Trump Coin Scandal & More

42

ETF Recap: Bitcoin and Ether ETFs Extend Inflow Streaks With $988 Million Weekly Haul

July 7, 2025

Bitcoin Enters A New Phase As Profit-Taking Metric Picks Up Pace – Here’s What It Is

July 7, 2025

Bank of England’s call for banknote design ideas builds on a history of cash as art – The Art Newspaper

July 7, 2025

Shenzhen warns citizens of investment scams using stablecoins

July 7, 2025

BONK rallies 10% to outperform other major cryptos; check forecast

July 7, 2025

ECC Transparency Report for Q4 2024

July 7, 2025
Telegram Twitter TikTok Youtube RSS
The Dao Makers

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at The Dao Makers.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Fix Driver Errors
  • Launchpads
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In