The behavior of long-term holders shows that Bitcoin is here to stay

Long-term holders of Bitcoin own a large share of coins Recently, IntoTheBlock published data showing the remarkable resilience of long-term Bitcoin holders. According to the data, these loyal holders hold 13.44 million bitcoins, which at the time of this report was worth more than $355 billion. Furthermore, according to the statistics provided, their collective assets make up 69% of the coins in circulation. Additionally, according to CoinMarketCap data, the total circulating supply of Bitcoin is over 19.4 million. Also, the market value was over 500 billion dollars until the time of writing this article.