Half of all Bitcoin locked up long-term as HODL trend intensifies

- About 9 million Bitcoin (BTC) have not moved for more than 3 years - Bitcoin's credibility increases as long-term holder ratio exceeds 50% [Unblock Media] According to on-chain analysis, approximately 9 million Bitcoin (BTC) have not moved for more than 3 years. This accounts for about 46% of the total circulation, and it has been confirmed that BTC held for more than 2 years during the same period constitutes over 50% of the total. This data is based on materials from blockchain analysis companies Glassnode, Chainalysis, and Coin Metrics, and was announced by HODL15 Capital via social media platform X. Experts interpret this as indicating that "Bitcoin is establishing itself as a store of value rather than a short-term speculative asset." While an increase in long-term holders may reduce market liquidity and increase short-term volatility, it also leads to an increase in the asset's credibility and scarcity. The influx of institutional investors and the expansion of Bitcoin custody and trading services by major financial institutions are also supporting this long-term holding trend. Some predict that "if the HODL trend continues, Bitcoin may be considered a more reliable asset by regulatory bodies as well."