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Bitcoin 29 Views
5 days ago

Bitcoin Long-Term Holders Stack 800K BTC Monthly in Historic Accumulation Surge

LTHs send strong signal, adding 800,000 BTC in 30 days as price hits all-time highs above $108K.

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Bitcoin Long-Term Holders Stack 800K BTC Monthly in Historic Accumulation Surge
Bitcoin Long-Term Holders Stack 800K BTC Monthly in Historic Accumulation Surge

According to on-chain data provider CryptoQuant, Bitcoin long-term holders (LTHs) have accumulated 800,000 BTC over the past month — marking the largest 30-day increase ever recorded. Only six previous occasions in Bitcoin’s history have seen 30-day LTH supply increases surpass 750,000 BTC.

Notably, similar events in July 2021 and September 2024 preceded major BTC price rallies. Analyst Darkfost noted: “This week brings a powerful signal from long-term holders. It should not be ignored when building a strategy.”

The newly added coins to the LTH supply have a cost basis between $95,000 and $107,000, making this range a potential support zone during market corrections.

Meanwhile, short-term holders (STHs), who purchased BTC within the last six months, have a cost basis just below $100,000. Their behavior is often key to maintaining bullish momentum in correction phases.

On-chain analytics firm Glassnode highlights the $98,000–$93,000 range as a crucial support region. A breakdown below could trigger deeper corrections, especially if holders in this range capitulate and contribute to increased sell pressure.