Analysis of Bitcoin ownership over time

Exploring the percentage of bitcoin held for over 5 years

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.

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)