Glassnode: Bitcoin's 3-5 Year Holder Net Supply Change is Slowing, Yet Still Posing Downside Pressure on the Market

Blockbeats
06-02

BlockBeats News, June 2nd, Glassnode's official post stated, "Investors holding Bitcoin for 3 to 5 years reached a coin holding percentage of 15.7% of the total supply on November 9, 2024, hitting a new high since March 2017. They then began selling, paused, and later resumed selling in April 2025."

Currently, their Bitcoin holdings account for 11.9%, still significantly higher than the around 3% cycle low point, still posing significant selling pressure.

Bitcoin's 'Realized Cap HODL Waves' reflects the value held by different age groups of holders. Investors holding for 3 to 5 years still control a significant amount of wealth and tend to sell during price strength. The recent slowdown in selling indicates that the selling pressure may be close to exhaustion, but the 12% of total supply held by this group of holders shows that many are still waiting for higher prices."

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