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Gold
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Hot
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Maximize your capital efficiency
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Use virtual funds to practice risk-free trading
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Mint GUSD for Treasury RWA yields
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Launch
CandyDrop
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Launchpool
Quick staking, earn potential new tokens
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Hold GT and get massive airdrops for free
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Trade on-chain assets and earn airdrops
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$BTC
The on-chain picture is genuinely remarkable. Long-term holders now control 78.9% to 79% of Bitcoin's circulating supply—an all-time high that dwarfs every previous peak. To put that in perspective, the previous records were 74.5% during the 2022-2023 bottom zone and 71.5% in 2018-2019. And it's still climbing.
At the same time, nearly 11 million BTC are now held at a loss—also a record. But here's the kicker: those underwater coins aren't being sold. Old coin reactivation—dormant BTC moving after long periods of inactivity—stands at just 218,421 BTC year-to-date, the lowest level since 2012. Compare that to 2024, when 1.18 million BTC had been reactivated by June. The conviction holders are literally sitting on their hands.