Are Recent Buyers Selling?
Bitcoin held for less than a year — the part of the market that usually moves fastest.
- Recent buyers’ share shrank by 0.8 points over the past month.
- Fresh coins — moved in the last month — shrank by 1.1 points.
- Recent buyers hold about 39% of all Bitcoin right now.
- The recent-money trend has been easing over the past six months.
Share of all Bitcoin bought within the last year, over the past six months.
Fresh 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.
See the full page → Fresh coins
If recent buyers keep growing while price stays flat, that combination has often preceded a top.
A sustained drop here is usually a good sign — patient holders are absorbing the supply.
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.