Bitcoin Volatility at Historic Low as Long-Term Holders Dominate
September 9, 2026
Bitcoin’s one-month realized volatility is historically low, according to Glassnode, whose statistical analysis identifies long-term holder supply as the leading explanatory variable. Market capitalization, trading turnover, and derivatives positioning show substantially weaker relationships.
Key Takeaways
Long-term holder supply explains nearly 19% of volatility variance.
Illiquid supply and…