{"id":163430,"date":"2026-05-10T14:00:30","date_gmt":"2026-05-10T14:00:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=163430"},"modified":"2026-05-10T14:00:30","modified_gmt":"2026-05-10T14:00:30","slug":"nearly-80-of-bitcoin-supply-hasnt-moved-as-long-term-holders-tighten-grip","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=163430","title":{"rendered":"Nearly 80% Of Bitcoin Supply Hasn\u2019t Moved As Long-Term Holders Tighten Grip"},"content":{"rendered":"

Bitcoin has climbed above a key price zone that analysts had flagged as a major obstacle \u2014 and that move is drawing fresh attention to who actually holds the coin.<\/p>\n

Long-Term Holders Absorb More Supply<\/h2>\n

Around 830,000 BTC has left short-term trader wallets in recent months, pushing the share of Bitcoin<\/a> held by long-term addresses to 78%, up from 74% in the previous cycle.<\/p>\n

Data<\/a> from on-chain tracking account Alphractal shows the shift is one of the largest recorded in recent memory. As more supply gets locked away in long-term wallets, the amount available for active trading keeps shrinking.<\/p>\n

That tightening supply tends to work in favor of prices during periods of steady demand. When fewer coins are circulating, selling pressure during price dips tends to be weaker.<\/p>\n

Reports indicate that long-term holders have been absorbing supply consistently relative to price movements, which has contributed to thinner liquidity across the market.<\/p>\n

\ud835\udff3\ud835\udff4.\ud835\udfef% \ud835\uddfc\ud835\uddf3 \ud835\uddd5\ud835\udde7\ud835\uddd6 \ud835\ude00\ud835\ude02\ud835\uddfd\ud835\uddfd\ud835\uddf9\ud835\ude06 \ud835\uddf6\ud835\ude00 \ud835\uddfb\ud835\uddfc\ud835\ude04 \ud835\uddf3\ud835\uddff\ud835\uddfc\ud835\ude07\ud835\uddf2\ud835\uddfb \ud835\uddf6\ud835\uddfb \ud835\uddf9\ud835\uddfc\ud835\uddfb\ud835\uddf4-\ud835\ude01\ud835\uddf2\ud835\uddff\ud835\uddfa \ud835\uddf5\ud835\uddee\ud835\uddfb\ud835\uddf1\ud835\ude00. \ud835\udde8\ud835\uddfd \ud835\uddf3\ud835\uddff\ud835\uddfc\ud835\uddfa \ud835\udff3\ud835\udff0.\ud835\udfed%.<\/p>\n

That 4.2 percentage-point shift = roughly 830,000 BTC migrated from short-term to long-term cohort over the cycle. STH conviction is crumbling, LTH conviction\u2026 pic.twitter.com\/aL8pTSk3Js<\/a><\/p>\n

\u2014 Alphractal (@Alphractal) May 9, 2026<\/a><\/p>\n\n

Price Structure Points To A Range With High Stakes<\/h2>\n

Bitcoin recently broke through a resistance zone between $78,000 and $80,000 \u2014 a range that had acted as a bearish block.<\/p>\n

According to an analyst, that zone has now flipped to support, and the next target to the upside sits at $90,000. But the setup carries risk on both sides.<\/p>\n

If that newly established support level fails to hold, a pullback toward $68,000 \u2014 and possibly as low as $60,000 \u2014 becomes a real possibility.<\/p>\n

Reports note that tighter liquidity zones increase the chance of sharp moves at key price levels, making the $78,000 area especially critical for short-term direction.<\/p>\n

A rejection at $82,000 could also be enough to swing momentum back toward the bears, according to the same analysis.<\/p>\n

Higher Timeframe Still Shows Caution<\/p>\n

Zooming out, the picture is less clear. Bitcoin remains in a corrective phase after reaching an all-time high of $120,000, wi th lower highs and lower lows forming despite brief rallies.<\/p>\n

The price is still trading below resistance at $97,000, a level analysts say would need to be reclaimed to signal a stronger shift in trend.<\/p>\n

Two major supply zones between $79,000 and $94,000 continue to sit overhead, acting as a ceiling for the current rally. A support channel has been forming since prices bounced from around $59,000.<\/p>\n

The data points to a market where long-term conviction is rising but short-term direction remains unsettled. Whether buyers can hold the ground they\u2019ve gained will likely shape the next significant move.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin has climbed above a key price zone that analysts had flagged as a major obstacle \u2014 and that move is drawing fresh attention to who actually holds the coin. Long-Term Holders Absorb More Supply Around 830,000 BTC has left short-term trader wallets in recent months, pushing the share of Bitcoin held by long-term addresses […]<\/p>\n","protected":false},"author":0,"featured_media":163431,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-163430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/163430"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=163430"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/163430\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/163431"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=163430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=163430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=163430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}