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Long-term holders are rotating their supply to new buyers, creating a capital influx that historically precedes major market recoveries
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FIRST SEENJul 17, 2026
LAST SEENJul 17, 2026
TRAJECTORY Quiet
Too little corroboration in the last 3 days to call a trend (1 article). Watching for it to gain traction.
COVERAGE OVER TIME
COVERAGE MIX
SOURCE EVIDENCE
"Long term holders across the crypto market are quietly passing supply to a new generation of buyers, and that rotation is compressing into one of the tightest windows in bitcoin's history. Glassnode data published by CoinDesk on July 14 shows the RHODL ratio reaching 6.5, its second highest reading ever, a level that preceded major recoveries in 2015, 2019, and 2023."