Bitcoin Hits 15.8M Long-Term Holders as Price Slides 9% Since May 6 Peak
Bitcoin's long-term holder count has climbed to a record 15.8 million, even as BTC has fallen 9% since May 6, when it first topped out around $82,000. The data points to strong conviction among holders, but it may also reflect weak fresh demand, with slower growth among whales and declines among dolphin cohorts. BTC was trading near $74,000 at the time of writing, while one forecast set June targets between $57,774 and $84,961.