Bitcoin LTH Supply Surge Does Not Reflect Real Demand — Here’s Why

The price of Bitcoin seemed set for another round of pain over the weekend after falling below the psychological $75,000 level on Saturday morning. However, the premier cryptocurrency has somewhat recovered and is looking to reclaim $77,000 as of this writing. At the same time, an increase in the supply of Bitcoin’s long-term investors was also observed on the day, although the signal might not be what it seems. Here’s Why BTC LTH Supply Data Is Skewed In a recent post on the X platform, pseudon