On-chain data suggests a Bitcoin indicator is currently mirroring the same trend that led to the top of the bull run in 2021.

On-chain data shows that Bitcoin long-term holders haven’t sold much during the recent downtrend, as their supply is still near an all-time high (A

On-chain data shows that the percentage of the Bitcoin supply inactive since at least one year ago has hit the 69% mark.

On-chain data shows the Bitcoin long-term holders have continued to HODL strong recently, as their supply has reached a new all-time high.