Glassnode is an analytics firm that provides on-chain ().BTC() Holders are resisting selling despite BTC markets rising to an all-time high of five months.

In its Monday “Week On-chain” Report, Glassnode noted that “long-term holders” — BTC wallets that have not seen outflows for more than 155 days — are currently sitting on nearly 13.3 million BTC or 70% of Bitcoin’s supply.