Dados da Glassnode, uma plataforma de análise e inteligência on-chain, revelam que o BTC tem mais detentores agora do que nunca. A oferta ilíquida do ativo tem aumentado constantemente durante meses, de acordo com a Glassnode. Por outro lado, a oferta de detentores de curto prazo e os saldos cambiais têm diminuído.
Os tron sinais de retenção entre os entusiastas Bitcoin aumentaram significativamente, mostrando sentimentos otimistas em torno do desempenho futuro do ativo. Crypto Banter apontou que o fornecimento armazenado de Bitcoin aumentou durante meses. De acordo com o post, o aumento da oferta armazenada Bitcoin dá 'mega vibe HODLing', o que implica que uma recuperação potencial pode ser iminente.
Oferta armazenada aumentando por meses = mega vibe HODLing pic.twitter.com/0Bl4WtP3Hy
— Crypto Banter (@crypto_banter) 21 de outubro de 2024
According to data from Glassnode, stored supply metrics show increasing trends, while active supply metrics show a declining trend. The stored supply metrics include Bitcoin HODLed or lost coins, long-term holder supply, and Bitcoin’s illiquid supply. In contrast, active supply metrics include short-term holder supply and exchange balances, as well as liquid and highly illiquid supply.
Bitcoin’s illiquid supply is at an all-time high. BTC’s long-term holder supply has also increased significantly since the year began. The short-term holder supply, on the other hand, has dropped.
Liquid and highly liquid supply has also been on a steady decline since the year 2024 began. Glassnode data also denotes that the number of BTC held or lost coins has dipped slightly from an all-time high recorded at the beginning of the year.
According to data from CryptoQuant, Bitcoin reserves in all centralized exchanges, which represent the total number of coins held in each exchange, have dropped significantly.
The decline has happened since November 2023, and the reserves currently sit at 2.64 million, near all-time lows at the time of this writing. Typically, a higher exchange reserve figure in all exchanges shows the market is experiencing a higher selling pressure, and the prices are likely to decline.
The declining reserves on centralized exchanges correspond to Glassnode’s data, which shows that Bitcoin’s stored supply has been on the rise. The data highlights that Bitcoin investors prefer to hold their assets and are now opting for self-custody away from centralized exchanges.
Bitcoin has also attracted institutions and large-scale investors. A report by River Financial released in September revealed that institutional Bitcoin adoption grew by 30% in one year and culminated in a 587% surge since 2020. The report also detailed that businesses and institutions now hold over 3% of all Bitcoin in circulation.
The report detailed that the institutions see Bitcoin as a strategic hedge against inflation and a means for diversifying their Treasury assets. U.S.-based companies have 49.3% of business bitcoin holdings, equivalent to $19.7 billion.
On the same note, BTC-approved ETFs in the U.S. have rapidly grown in recent months. The funds registered positive flows worth $273.71 million on October 18th, marking a 6-day positive flow according to data from SoSoValue. The ETFs cumulatively hold net assets worth $66.11 billion.