The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid lingering global macroeconomic uncertainty, technical indicators are signaling a strengthening foundation among digital asset investors. According to on-chain data from K33 Research, long-term holders now control a record 79% of the circulating Bitcoin supply. This accumulation reflects a persistent reluctance to sell among major stakeholders, suggesting a potential exhaustion of the bear market and the formation of a structural market bottom driven by limited liquid supply.
These findings emerge as major cryptocurrencies show structural resilience compared to traditional markets; while Bitcoin maintains a tight supply grip, global markets face inflationary pressures with the U.S. Producer Price Index (PPI) rising 1.1% in June, per market data. Previous reports from Glassnode also indicate that illiquid supply is on a steady upward trajectory, reinforcing the premise that 'old coin' holders are maintaining their positions despite global interest rate shifts, such as the recent ECB hike to 2.4%.
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Sign InTraders should monitor liquidity levels closely in the coming days, as Bitcoin BTC prices remained in a consolidative phase (close June 17, 2026). Looking ahead at the economic calendar, upcoming central bank communications could serve as catalysts for price action and broader risk appetite. The 79% long-term holder concentration remains a critical structural barrier that may mitigate sharp downside volatility in the near term.