Analysis of Bitcoin ownership over time

Quick Take

  1. More than 10 years: 14.8% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for over 10 years.
  2. Between 7 and 10 years: 5.6% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for a duration falling between 7 and 10 years.
  3. Between 5 and 7 years: 8.7% of the total Bitcoin supply is held by individuals or entities who have owned their Bitcoin for a duration falling between 5 and 7 years.

In summary, approximately 30% of the total Bitcoin supply is held by holders who have owned their Bitcoin for 5 years or longer.

Hodl Waves: (Source: Glassnode)
Hodl Waves: (Source: Glassnode)

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