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.
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.
verifying reliability
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