{"id":98983,"date":"2025-07-28T09:15:13","date_gmt":"2025-07-28T09:15:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/98983\/"},"modified":"2025-07-28T09:15:13","modified_gmt":"2025-07-28T09:15:13","slug":"bitcoin-breaks-records-as-lost-coins-awaken-miners-double-down","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/98983\/","title":{"rendered":"Bitcoin breaks records as lost coins awaken, miners double down"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey takeaways<\/p>\n

Bitcoin\u2019s network and market activity are evolving rapidly. Hashrate is at a record high, long-dormant coins are moving again, and active supply is growing \u2014 driven in part by the impact of spot Bitcoin ETFs.<\/p>\n

Bitcoin [BTC]<\/a> is evolving, and the data shows it.<\/p>\n

In recent days, the network\u2019s hash rate has surged to a new all-time high, while long-dormant coins are springing back into circulation.<\/p>\n

Since the launch of spot Bitcoin ETFs last year, active supply has climbed steadily, even as the number of estimated lost coins declines.<\/p>\n

These are the early beginnings of a more liquid, dynamic, and maturing Bitcoin market\u2026 one where participation is deepening, and investor behavior is changing.<\/p>\n

The ETF effect
\n\"bitcoin\"<\/a><\/p>\n

Source: Alphractal<\/p>\n

Since the approval of spot Bitcoin ETFs in early 2024, on-chain behavior has shifted dramatically<\/a> \u2014 especially among long-dormant wallets.<\/p>\n

Active supply has grown by nearly 900,000 BTC, while the estimated number of \u201clost\u201d coins has dropped by over half a million.<\/p>\n

\"bitcoin\"<\/a><\/p>\n

Source: Alphractal<\/p>\n

This shows that coins previously thought to be unrecoverable are moving again, likely spurred by confidence and rising prices.<\/p>\n

Long-term holders are repositioning or offloading portions of their stash, a familiar move during bullish cycles.<\/p>\n

Network muscle peaks as BTC hashrate surges<\/p>\n

Bitcoin\u2019s network hashrate has hit a new ATH<\/a>, surpassing 850 EH\/s, as shown in the latest chart data. The rise is an obvious sign of unprecedented miner confidence and growing network security.<\/p>\n

\"\"<\/a><\/p>\n

Source: X<\/p>\n

The post-ETF era is clearly reshaping Bitcoin dynamics even at the protocol level.<\/p>\n

BTC: Consolidation, strength and a possible breakout<\/p>\n

Bitcoin<\/a> continued to trade just below $120K at press time, consolidating after its recent surge. The daily RSI was at 64, indicating strong but not yet overbought momentum.<\/p>\n

This suggests BTC still has room to climb before hitting exhaustion.<\/p>\n

\"bitcoin\"<\/a><\/p>\n

Source: TradingView<\/p>\n

Meanwhile, the OBV remained steady at 1.76M, showing consistent buying pressure even during sideways movement. The indicators point to a healthy pause rather than a reversal.<\/p>\n

If volume increases and RSI pushes above 70, BTC could break above its short-term resistance and enter a fresh rally phase, potentially fueled by the broader shifts highlighted earlier.<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Pudgy Penguins denies OpenSea acquisition rumors \u2013 What\u2019s happening?\u00a0<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key takeaways Bitcoin\u2019s network and market activity are evolving rapidly. Hashrate is at a record high, long-dormant coins…\n","protected":false},"author":3,"featured_media":98984,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3244,64,67,132,68],"class_list":{"0":"post-98983","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114930104829459392","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/98983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=98983"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/98983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/98984"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=98983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=98983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=98983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}