Supply Held Increasing

Definition ∞ Supply Held Increasing refers to an on-chain metric indicating that a growing quantity of a digital asset is being held by addresses over a sustained period, rather than being actively traded. This trend suggests accumulation by long-term holders or institutions. It often implies a reduction in available selling pressure.
Context ∞ This metric is frequently cited in crypto news and market analysis as an indicator of strong investor conviction and potential future price appreciation. When the supply held is increasing, it can signal a belief in the asset’s long-term value, suggesting a readiness to hold through market fluctuations. This trend provides insights into the underlying market structure and investor sentiment.