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Bitcoin long-term holder MVRV falls to 1.24 as supply hits record 16.1 million BTC

Bitcoin long-term holder MVRV falls to 1.24 as supply hits record 16.1 million BTC

CryptoQuant analyst Axel Adler Jr. said long-term holders' unrealized profits are nearing a three-year low even as Bitcoin held by long-term holders reaches a new all-time high, signaling growing conviction and potentially tighter liquid supply.

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Fact Check
Both the secondary report (CoinPost) and the primary analyst source (Axel Adler Jr.'s own published report) confirm the exact figures in the claim: LTH MVRV at 1.24 nearing a three-year low and LTH supply at a record ~16.1M BTC, with subdued spending indicating accumulation/conviction rather than distribution. The only minor nuance is the analyst is associated with adlerinsight.com/his own publication; CoinPost labels him a CryptoQuant analyst, which is consistent with his known affiliation. The substantive claims are fully corroborated by the originating source.
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