Bitcoin holders locked: Less than 23% of BTC moved within six months.

BTC is tightening. The latest on-chain data shows that less than 23% of the circulating supply of Bitcoin has moved in the past six months, indicating that Bitcoin holders are locking up, making the supply scarcer, while the BTC price is consolidating near all-time highs. As a content creator for Gate, I will analyze what this means, why it is important for BTC, and how traders on Gate are positioning themselves around the current market setup.

##BTC Market Snapshot and Key Statistics

By mid-August 2025, BTC reached a new high of about $124,480, and is currently maintaining a price around $118,000 as the market digests macro data—classic consolidation after a historical peak.

• Less than 23% of BTC has moved in the last six months → this is a strong HODL signal, which usually appears before major trend changes.
• Long-term dormant status remains high: over 61% of the supply has not changed for more than a year, and this stubborn ceiling continues to exist amid fluctuations.

##Content of Actual Measurement for Six-Month Indicators (For BTC Learners)

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