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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 24 days · First seen · Last updated
Bitcoin supply shift toward long-term holders
Overview
Bitcoin market dynamics have shown a significant shift toward long-term accumulation. On-chain data indicates that long-term holder supply reached an all-time high as large whales (wallets holding 1,000–10,000 BTC) accumulated approximately 66,700 BTC over a 60-day period. This accumulation occurred while mid-tier holders (100–1,000 BTC) engaged in an aggressive sell-off of about 77,800 BTC.
Subsequent data shows a continuing decline in short-term holdings. The proportion of Bitcoin held by those who have owned it for three to six months has dropped to 8.1%, while holdings purchased within the last day represent only 1.2% of the supply. Analysts suggest this trend of moving supply into the hands of less reactive, long-term investors may signal the end of a bear market and could increase market resilience.
Entities
Glassnode · Bitcoin · CryptoQuant · Darkfost
Timeline
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29 days ago
[BUSINESS] 2 sourcesBitcoin short-term holdings decline as market shifts to long-term investorsBitcoin short-term holdings are hitting lows as supply shifts to long-term investors, a trend analysts suggest often precedes the end of a bear market.
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about 2 months ago
[BUSINESS] 6 sourcesBitcoin Whales Boost Long-Term Holder Supply as Mid-Tier Sellers RetreatBitcoin’s long‑term holder supply hits record as whales add ~66,700 BTC while mid‑tier owners sell ~78,000 BTC, tightening liquid supply and hinting at a medium‑term bullish outlook.
Sources
crypto-insiders.nl · newsbit.nl