Bitcoin Short-Term Holder Supply
Are Recent Buyers Selling?
Bitcoin held for less than a year — the part of the market that usually moves fastest.
The percentage of all Bitcoin that changed hands within the last year. It swells when bull markets pull in fresh money, and shrinks as those coins settle into patient hands.
Are recent buyers selling or settling in?
Settling InRecent buyers' share is shrinking — coins are maturing into patient hands rather than being sold.
How much of all Bitcoin is in recent hands?
38.4%Moved within 1 year-0.9 pts over the past month.6.4%Moved within 1 monthThe freshest slice — the most active coins of all.61.6%In patient handsEverything that hasn't moved in over a year.How fresh is the recent money?
Normal fresh movementFresh coins are Bitcoin that moved in the last month. When this number jumps, more Bitcoin is actively changing hands. When it falls, even recent buyers are settling in.
6.4%↑ 0.7 pts over the past monthHow that month splitsWhat does this mean for you?
Recent buyers are settling in — fresh coins are maturing instead of being sold.Recent buyers hold 38.4% of all Bitcoin, and that share is shrinking (-0.9 pts this month) — coins bought in the past year are crossing into patient hands.
That's the healthiest thing fresh money can do: every coin that settles in is one less coin waiting to be flipped.
Sustained stretches of this have historically built the supply squeeze that sets up the next climb — quietly, while nothing looks like it's happening.
What to watch from here- Recent buyers hold 38.4% of all Bitcoin (-0.9 pts this month) — coins are settling into patient hands.
- The freshest slice (moved within a month) is 6.4% — watch it for the first sign of churn picking back up.
- Sustained settling has historically preceded supply squeezes — the quiet build-up phase.
Understanding Bitcoin Short-Term Holder Supply
Coins that last moved within the past year are mostly in the hands of recent buyers — the most reactive part of the market, quick to add and quick to sell.
When this share grows fast while price is flat or falling, a lot of jumpy supply is building up that could be sold at the first scare.
When it shrinks, those coins are aging into steadier hands — patient owners absorbing what recent buyers let go. That has usually been a calmer, healthier setup.
The freshest slice — coins moved in just the last month — is broken out on the page as “Fresh coins.” When it spikes, a lot of Bitcoin is actively changing hands right now.