quick take
- The metric supply of the last active Bitcoin holders over a decade ago suggests that these holders have held BTC since 2013.
- This cohort currently holds 2.63 million BTC and is growing exponentially.
- On the other hand, exchanges hold about 2.26 million BTC, which has been declining sharply since 2020.
- The crossover occurred in October of last year’s fourth quarter, and we expect this trend to continue.
- This suggests that the ancient owners continued to hold on to their Bitcoins while the coins flowed off exchanges.
The post-2013 Bitcoin holders posting group holds more BTC than any exchange that first appeared on CryptoSlate.
