K33 Research: 79% of Bitcoin Supply Held by Long-Term Investors Signals Bear Market Bottom

According to K33 Research, Bitcoin is showing signs that the bear market is nearing its bottom as the cryptocurrency falls to $64,000 amid uncertainty around today's Federal Reserve interest rate decision. The analysis firm reported that 79% of Bitcoin's circulating supply is held by investors who have held for over 155 days—an all-time high—while sales from inactive wallets have sharply decreased compared to previous bear markets. K33 noted that other bottoming indicators include 50% of total circulating supply in loss, a slowdown in spot ETF outflows, and trading volume falling to its lowest level this year.
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FengQingyangvip
· 1h ago
Chong Chong GT 🚀
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