Crypto market intelligence platform Santiment suggested that the number of bitcoin investors turning into long-term holders have been spiking recently.

In addition, Glassnode determined that more than 50% of all BTC in circulation has not moved in the past two years.

Almost 45 Million HODLers

As analyzed by Santiment, the total amount of individuals and entities holding bitcoin for the long run has soared to almost 45 million, and the numbers have been rising at the fastest rate since early 2021 (from January 2021 to April 2021). 

It is worth mentioning that BTC was in the midst of a bull run back then, starting the year at around $30,000 and soaring above $64,000 a few months later. By the end of April 2021, there were approximately 38 million HODLers, while currently, their number is heading toward 45 million.

Another chart indicating that many traders prefer to keep their stash untouched was presented by the crypto analysis platform Glassnode. It showed that an all-time high (53%) of bitcoin’s supply was last active more than two years ago.

Furthermore, almost 30% of all BTC in circulation (over $155 billion in market capitalization) has not moved in the last fiv