Using Bitcoin (BTC) as a value reserve is a concept that means maintaining assets in the hopes of maintaining or increasing long-term value to protect or increase purchasing power, and has gained strength in recent years.
Based on data provided by Bitcoin Company, we secured on May 19th from our X Document Bitcoin site accounts that “63% of all existing Bitcoin have not been traded or moved from this year’s wallet.”
This means that over half of Bitcoin’s current supply amounts to 19,863,682 BTC. Still not moving, Eloquent dAnd that your owner uses it as a value sheltersimilar to how gold is used in traditional markets.
Supply distribution: Detailed analysis
The video ports created by Bitcoin Company allow us to deepen how this immobilized supply is distributed. Analysis classifies BTC Depending on the time they weren’t movingWe divide the holders of these coins into three main categories: short-term holders (less than one year), medium-term (1-5 years), and long-term (5 years or more).
According to the following graph, 37.1% of current supplyrepresented by warm colors such as red and orange (top), belonging to short-term holders. This includes “6 months to 1 year” (9%, orange) ranging from “less than one day” (0.2%, dark red). However, some Bitcoins have moved in this segment last year. For example, it was sent over a day, week, month, or three months. So it was active in 2025 and was not thought of in the 63% shown in Document Bitcoin.
Meanwhile, 32.3% corresponds to medium-term holders, covering 1-5 years, representing intermediate tones such as yellow and light green. for example 14.5% of all belonging to holders in the “3-5 years” range. (Light green).
Finally, the remaining 31% is occupied by long-term holders. Over 5 years without movementwhich is identified by cold colors such as blue and purple, highlighting 7.9% of holders that did not move BTC in the range of “7-10 years” (dark celestial).
More than half of the BTC remained in motion, and actions reinforced over time have supported many owners’ support for the story of Bitcoin as a reserve of value. They prefer to accumulate and hold coins.
The historical trends shown by the graphs are also evident. Over time, cold (blue and purple, purple and purple) colors dominate the base of the graph, indicating that a significant portion of Bitcoin is not moving From the first year of the network. For example, of the total long-term holders who did not move BTC, almost 10% of 10% belong to the 10-15 year range. This reflects the trust of first-time employers in the long-term potential of Bitcoin.
The documenting Bitcoin team determined in 2025 that 63% of Bitcoin’s circular supply was not moving even after adding a mid-term holder (32.3%) and long-term (30.6%) ratio. They have not been active for more than a yearalong with a small portion of the short term (range of “6 months to 1 year”) that remained unmoved for at least 4 months and 20 days.
Sleep Coin strengthens trends
The trend to use Bitcoin as a value reserve is supported by other statistics. According to a Bitbo analysis reported by Cryptootics, “sleep coins” on the Bitcoin network are on an increase. In this regard, sleep currency is defined as BTC Haven’t been transferred from one address in over a year.
This indicator matches documented Bitcoin data, as 63% of 2025’s unmoving Bitcoin includes both short-term holders (less than one day to less than one year) and medium-term (1-5 years).
The logic behind this behavior is clear. Bitcoin that does not move reflects the holder’s intentions Hold them as long-term value assetsprioritizes accumulation for daily trading use.
Bitcoin’s wallet growth
Another fact that strengthens the perception of BTC as a tool to protect purchasing power comes from coin metric analysis sites. According to their metrics, the number of wallets worth $1 million, equivalent to BTC, has steadily grown over time and time as I write this. The measurement is at historic maximum, There are almost 160,000 wallets.
This increase has also been observed, but more gradually, accounts containing more than $10 million in Bitcoin Holdings show accumulation by large investors known as “whales.”
Plus, a small amount of wallet They have also increased historically They’re still doing it todayFrom people with a balance of $1 and $10 or more to people with equivalent bitcoin or more than $1,000 and more than 10,000:
This generalized growth not only attracts institutional investors, both in wallets, but also in small and large. Again a Retail users (Retail) It integrates its role as a value reserve in the financial ecosystem, as a tool for preserving capital, among other uses, such as currency created by Nakamoto.
The behavior of these retail users shows that the market is primarily dominated by large corporations and huge purchases of Bitcoin, but they are taking part in this cycle and increasingly engaged.
It is true that it is impossible to know the intentions of each holder as represented here; Historical trends in growth It uses more businesses, institutions, governments, people on foot, using bitcoin to protect their capital.
