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Bitcoin

Long- and short-term holder supply

Long- and short-term holder supply

How much bitcoin long-term holders keep (coins still for 150 days and more) against short-term ones — long-term supply grows in bear markets and is spent into rallies.

82.5%Long-term holders16.58M BTCShort-term holders3.51M BTCPrice$84.5K
5M10M15M20M2012 halving20122016 halving20162020 halving20202024 halving202418 Jul 201021 Aug 201824 Sept 2026perly.io
  • Short-term holders
  • Long-term holders

A coin turns long-term after 150 days without moving. Long-term supply grows through a bear market as coins age into it, and falls in a rally as old coins are sold to new buyers.

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How this is built

How much bitcoin long-term holders keep (coins still for 150 days and more) against short-term ones — long-term supply grows in bear markets and is spent into rallies.

Formulasupply(age ≥ 150ₔ) · supply(age < 150ₔ)

AuthorGlassnode

The idea and the formula are Glassnode's. Perly claims no authorship of it — what is ours here is the drawing, computed from public data.