Recent data from IntoTheBlock reveals that more than 30% of all Bitcoin has not been moved in over five years, indicating a robust belief in the cryptocurrency among long-term holders. This substantial portion of the Bitcoin supply, tracked through Unspent Transaction Outputs (UTXOs), shows these funds have remained untouched despite significant price fluctuations, suggesting that many view Bitcoin as a viable store of value.

The persistence of these long-term holders helps stabilize Bitcoin’s market, establishing a steady base of demand and valuation. While some of these coins may be lost, the majority are held by investors who are less concerned with short-term market movements and more focused on long-term potential.