The BTC balance of certain categories of Bitcoin addresses reached an all-time high since the beginning of May. BTC balances of addresses holding BTC for more than a year have reached a new historical high. These wallets currently hold 12.73 million BTC. There are 19,056 million BTC in circulation, which means that two-thirds of Bitcoin investors are long-term investors.
On May 7, LFG sold approximately $1.5 billion worth of BTC to the market in support of the UST stablecoin. BTC continues to attract attention from crypto millionaires, big companies and billionaires alike.