Bernstein: Retail Bitcoin Holders Panic Selling in Recent Months, But Long-Term Holders Remain Resilient

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Mars Finance News: On March 16, Bernstein, a research and brokerage firm, reported that over a year of inactivity accounts for 60% of the total Bitcoin supply. This ownership structure is unique to Bitcoin and indicates the presence of a group of long-term “believers” who are insensitive to Bitcoin’s price fluctuations and hold it as a “store of value.” This situation has arisen amid Bitcoin’s significant underperformance compared to gold last year. Nearly 14% of Bitcoin is held by ETFs, digital asset funds (including Strategy companies), and governments. Bitcoin’s resilient capital base is expanding.

BTC3,05%
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