Luna Collapse 1 Year on: BTC hodlers show resolve

Bitcoin supply last active 1+ year ago hits an all-time high

This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
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Quick Take

  • Bitcoin supply, last active 1+ year ago, has hit a new all-time high: the percent of circulating supply that has not moved in at least one year.
  • This metric has surpassed 68% for the first time.
  • We are firmly in the capitulation zone from last year's Luna collapse; these holders have held for one turbulent year.
  • Between April and June 2022, Bitcoin dropped from $48,000 to $19,000.

All other age bands are at all-time highs as well;

  • SLA 2+  years: 55.19%
  • SLA 3+ years: 40.03%
  • SLA 5+ years: 28.877%
Supply Last Active: (Source: Glassnode)
Supply Last Active: (Source: Glassnode)
Price: (Source: Glassnode)
Price: (Source: Glassnode)