币界网报道：Bitcoin long-term holders have accumulated a record 14.18 million BTC, representing 72% of the total circulating supply, according to Glassnode data. This marks a significant increase from 11.8 million BTC held in 2020, showcasing growing conviction among investors despite market volatility. The cohort, defined as wallets holding coins for over 155 days, has been consistently adding to their positions since Bitcoin's price dropped below $30,000 in mid-2023. Analysts note this accumulation pattern mirrors previous cycles where long-term holder supply peaked before major bull runs. Currently, only 2.9 million BTC remain actively traded on exchanges, the lowest level since December 2017, indicating reduced selling pressure. Market observers suggest this strong holding behavior, combined with upcoming Bitcoin halving in 2024, could create favorable conditions for price appreciation. The data also reveals long-term holders now control more supply than during the 2021 all-time high period.