Long-Term Holder Supply

How much bitcoin is held by patient owners โ€” coins that have not moved for six months or more. A rising line means coins are settling into hands that rarely sell. Every point shown is real up to the date on the badge above the chart.

The total bitcoin sitting in coins whose last movement was six months ago or longer. History shows coins that old are rarely sold in a panic, which is why they count as the patient side of the market.

For example, a climb from 14.2 million โ‚ฟ to 14.6 million โ‚ฟ over three months means about 400,000 โ‚ฟ moved into hands that have historically held on โ€” roughly four times every new coin mined in that period, so the freely tradable supply shrank. A **falling** line during a rally means patient owners are selling into the strength.

In words: add together every coin-age band of six months or more, from the six-months-to-one-year band through the ten-years-and-over band.

Every point on screen was counted by **our own Bitcoin node** โ€” a full copy of the blockchain that we run ourselves โ€” and the line runs up to the date on the badge **above** the chart. A day our node could not count is left as a gap; it is never filled in from another source.

The usual industry cut-off is 155 days, but the closest band available here is six months (180 days), so this is slightly stricter than the standard measure; the shape of the trend still matches.

Summed from the 13 coin-age bands Safu's own Bitcoin node counts: every band of six months (180 days) or older. One point per day from 2009. No outside metrics feed is involved.

Computed in-house from Safu's Bitcoin node ยท summed from the coin-age bands ยท 1 point/day since 2009 ยท recomputed daily