Bitcoin Long-Term Holder Supply Reaches Record High, Signaling Strong Bullish Sentiment
Bitcoin's long-term holder supply has surged to an unprecedented 14.46 million BTC, as reported by Glassnode. These investors, characterized by holding their assets for at least 155 days, are typically strategic players who accumulate during market downturns and distribute during rallies. This record accumulation underscores their strong conviction in Bitcoin's future price appreciation. Historical trends suggest that such behavior often precedes significant bullish movements in the market. As of June 2025, this development highlights the growing confidence among long-term investors in Bitcoin's potential, reinforcing the bullish outlook for the cryptocurrency.
Bitcoin Long-Term Holder Supply Hits Record High, Signaling Bullish Sentiment
Bitcoin's long-term holder supply has surged to an all-time high of 14.46 million BTC, according to Glassnode data. These investors, defined as those holding for at least 155 days, are often viewed as strategic players who accumulate during downturns and distribute during rallies.
The record accumulation suggests strong conviction in future price appreciation. Historical patterns indicate such behavior often precedes significant upward moves. From March to June, long-term holders added roughly 500,000 BTC while short-term investors sold approximately 350,000 BTC.
Many current long-term holders entered during January's market euphoria when prices reached $109,000. Despite enduring a 30% correction, these investors have maintained their positions through the subsequent recovery to new highs.
With long-term holders now controlling about 73% of Bitcoin's circulating supply, their dominance underscores the potential for continued price growth. The concentration of supply in steadfast hands reduces available liquidity, typically creating favorable conditions for appreciation.
4 Easy Ways to Earn Free Cryptocurrencies
Cryptocurrency investors face two perennial challenges: asset storage and growth. While volatility demands strategic attention, low-risk opportunities exist to accumulate digital assets without capital outlay. Four methods stand out for their accessibility and potential rewards.
Sweepstakes casinos emerge as an unconventional yet legitimate avenue. Unlike traditional gambling platforms requiring real-money deposits, these operate on dual virtual currencies—gold coins for play and sweep coins for redemption. Players accumulate sweep coins through daily logins, social tasks, and bonuses, convertible to Bitcoin or other cryptocurrencies upon winning. This model offers gamblers a seamless transition into crypto earnings.
MicroStrategy’s Michael Saylor Urges Apple to Shift from Stock Buybacks to Bitcoin Investments
MicroStrategy Chairman Michael Saylor has proposed a radical shift in Apple's capital allocation strategy, suggesting the tech giant replace its stock buyback program with bitcoin purchases. The recommendation comes as Apple holds approximately $27 billion in cash reserves amid inflationary pressures and dollar weakness.
Saylor's comments, made in response to Jim Cramer's critique of Apple's buyback efficacy, have ignited vigorous discussion across crypto communities. Advocates point to Bitcoin's potential as an inflation hedge and store of value compared to traditional equity repurchases.
The Bitcoin evangelist previously made similar appeals to Tesla and Microsoft, reinforcing his consistent narrative about corporate treasury diversification. Online supporters have amplified the proposal through memes and speculative scenarios about Apple's potential market impact as a trillion-dollar BTC holder.
Long-Term Bitcoin Holders Reap 51% Profits as Price Stabilizes Above $72,000
Bitcoin's long-term holders are currently enjoying substantial unrealized gains, with average profits exceeding 51%. Data from Axel Adler Jr. reveals this cohort has accumulated an additional 1.151 million BTC since prices climbed past $72,000, bringing their total holdings to 15.182 million BTC valued at approximately $125.4 billion.
The accumulation occurred primarily between $61,000 and $83,000, with an average entry point around $72,000. At current levels, these paper profits total roughly $42.5 billion—a strong vote of confidence in Bitcoin's long-term trajectory.
Meanwhile, futures markets show signs of strain as short-term traders retreat. Open interest has declined by $1 billion alongside negative net taker volume, suggesting weakening speculative participation during this consolidation phase.
Bitcoin Tests $109K Support Amid Global Economic Slowdown Forecast
Bitcoin's bullish momentum faces a critical test as it attempts to consolidate above the $109,000 support level. The cryptocurrency, now trading within striking distance of its all-time high, could enter price discovery territory if this key technical level holds.
The World Bank's revised 2025 growth forecast casts a shadow over markets, predicting global GDP expansion will slow to 2.3% amid rising trade barriers. This macroeconomic backdrop creates tension between inflationary pressures and expanding liquidity - forces that may determine Bitcoin's next major move.
Traders watch the $109,000 level closely, as failure to maintain this support could trigger profit-taking after Bitcoin's recent 12% rally. The cryptocurrency's performance may serve as a litmus test for digital assets' resilience during economic uncertainty.
Bitcoin Core Developers to Remove OP_RETURN Data Limit in October Update
Bitcoin Core's upcoming version 30 release will eliminate the 80-byte restriction on OP_RETURN outputs, allowing up to 4MB of arbitrary data per transaction. Scheduled for October 30, this change marks a significant shift in how data can be stored on the blockchain.
Critics argue the MOVE diverges from Bitcoin's original peer-to-peer transaction model, potentially transforming it into a data storage network. Gloria Zhao, a core contributor, emphasized that Bitcoin Core remains just one protocol implementation, subject to modification by anyone.
The decision reflects ongoing debates about Bitcoin's scalability and utility beyond financial transactions. Market observers will watch for potential impacts on network congestion and transaction fees as the change takes effect.
