Swan's Cory Klippsten sees record Bitcoin holder supply revealing early bottom

CoinTelegraph·

Swan's Cory Klippsten sees record Bitcoin holder supply revealing early bottom

60-second summary

Cory Klippsten from Swan believes a record Bitcoin supply held by long-term holders indicates an early market bottom. This supply has reached a 2-year high, with over 14 million Bitcoin, or 70% of the total supply, held by investors who have not sold in the past year.

The record Bitcoin supply held by long-term holders may suggest that the crypto market bottom will come early, according to Swan’s Cory Klippsten.