Liam Hendrik @LiamHendriik · 27 Jul 2026
LTH supply just hit an all-time record: 16.64M $BTC roughly 79% of everything in circulation locked up by long-term holders as of July 21. Only 218,421 BTC older than two years moved in all of 2026. Lowest reactivation level since 2012. Few understand what that means when
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