# Bitcoin?PurposeBitcoin

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The Ultimate Bitcoin Paradox: 11 Million BTC Underwater, Yet Nobody Is Selling!
Bitcoin is flashing the most fascinating paradox in its history.
Data reveals that a mind-boggling 11 million $BTC are currently held at a loss - the highest absolute number of underwater coins ever recorded, surpassing the brutal market bottoms of 2018 and 2022.
But here is the twist that is blowing analysts' minds: instead of panic selling, 78.9% of all circulating Bitcoin is now controlled by long-term holders (LTHs).
This completely crushes the previous LTH macro peaks of 74.5% (2022) and 71.5% (2018).
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BTC-0.51%
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GateUser-07e07fc9:
To The Moon 🌕
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Bitcoin just new ATH 80+ bull market season? #Bitcoin?PurposeBitcoin #NEW #ath
BTC-0.51%
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