LTH Supply
What Is LTH Supply?
The total supply held by Long-Term Holders (coins that have not moved for 155+ days). LTH supply represents 'strong hands' — investors with conviction who are not selling.
How to Interpret
LTH supply growing = accumulation phase (bullish, typically bear market). LTH supply declining = distribution phase (bearish, typically late bull market).
More Supply Dynamics Metrics
Circulating Supply
The total number of Bitcoin currently in existence, approaching the fixed maximum of 21 million. Increases with each block reward. Currently approximately 19.7 million BTC.
HODL Waves
A visualization of Bitcoin's UTXO set age distribution over time. Shows what percentage of supply has been held for various time periods (< 1 day to 10+ years), creating colorful wave patterns.
Supply by Wallet Size
Distribution of Bitcoin supply across different wallet size cohorts — from retail (< 1 BTC) to institutional (1,000+ BTC) and whale (10,000+ BTC).
Revived Supply
The volume of previously dormant coins (held for 1+ years) that have moved on-chain. These are considered 'revived' as they break their dormancy to transact.