Bitcoin LTH Supply Near Record Highs Despite Pullback From Peak

Bitcoin’s LTH Realized Supply stood at 8.05 million BTC as of March 11, 2026, representing a decline of roughly 5.5% from the cycle peak of 8,529,671 BTC recorded on March 8, 2026, when the asset traded at $65,974, and the metric’s Z-score reached 3.20. At the time of the latest reading, the Z-score had eased to 2.66. Compressed Cycle According to crypto analyst Axel Adler Jr., despite the recent pullback…