Bitcoin long-term holders added 800,000 BTC in a month, the highest ever recorded
The post Bitcoin long-term holders added 800,000 BTC in a month, the highest ever recorded appeared on BitcoinEthereumNews.com. Bitcoin long-term holders just locked in the biggest single-month accumulation ever recorded, grabbing 800,000 BTC in the span of 30 days, according to CryptoQuant. That figure is the highest monthly net growth in coins sitting untouched for more than six months, meaning they’ve now officially crossed into Long-Term Holder (LTH) status. And it’s not some bear-market bargain hunting either. These coins were bought when Bitcoin was trading between $95,000 and $107,000, with spot prices still holding above $100,000 today. The term “LTH” can get tricky. It’s not about addresses, it’s about the coin age. The moment a coin stays put for over 180 days, it’s categorized as long-term. So this isn’t just whales parking coins. It’s about how long those coins sit there, untouched. What we’re seeing now is a kind of quiet lock-in, with investors holding harder than they ever have before. This exact kind of accumulation spike has only shown up six times in Bitcoin’s 15-year history. ETFs and dolphins buy as megawhales back off Since May 9, Bitcoin has barely moved, sticking to a $10,000 range, even with a brief jump near $112,000, just above its previous high. That rally didn’t last. And it wasn’t for lack of interest. Over the last month, Bitcoin ETFs pulled in $3.5 billion across 12 straight trading sessions, making it their ninth week of inflows out of the last 11. But while the ETFs were stacking, the price barely moved. Why? Markus Thielen, head of 10x Research, explained it bluntly: “There is this change of ownership happening. We are not seeing a lot of real demand right now because the demand has been almost perfectly offset by the selling from these larger wallets.” In other words, the big early holders — the megawhales — are selling. But they’re doing it slowly,…
The post Bitcoin long-term holders added 800,000 BTC in a month, the highest ever recorded appeared on BitcoinEthereumNews.com.
Bitcoin long-term holders just locked in the biggest single-month accumulation ever recorded, grabbing 800,000 BTC in the span of 30 days, according to CryptoQuant. That figure is the highest monthly net growth in coins sitting untouched for more than six months, meaning they’ve now officially crossed into Long-Term Holder (LTH) status. And it’s not some bear-market bargain hunting either. These coins were bought when Bitcoin was trading between $95,000 and $107,000, with spot prices still holding above $100,000 today. The term “LTH” can get tricky. It’s not about addresses, it’s about the coin age. The moment a coin stays put for over 180 days, it’s categorized as long-term. So this isn’t just whales parking coins. It’s about how long those coins sit there, untouched. What we’re seeing now is a kind of quiet lock-in, with investors holding harder than they ever have before. This exact kind of accumulation spike has only shown up six times in Bitcoin’s 15-year history. ETFs and dolphins buy as megawhales back off Since May 9, Bitcoin has barely moved, sticking to a $10,000 range, even with a brief jump near $112,000, just above its previous high. That rally didn’t last. And it wasn’t for lack of interest. Over the last month, Bitcoin ETFs pulled in $3.5 billion across 12 straight trading sessions, making it their ninth week of inflows out of the last 11. But while the ETFs were stacking, the price barely moved. Why? Markus Thielen, head of 10x Research, explained it bluntly: “There is this change of ownership happening. We are not seeing a lot of real demand right now because the demand has been almost perfectly offset by the selling from these larger wallets.” In other words, the big early holders — the megawhales — are selling. But they’re doing it slowly,…
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