Record Hodl Move from Bitcoin's Long-Term Investors! Why Are Whales Not Selling? Here Are the Latest Data

Bitcoin long term investors are experiencing one of the strongest accumulation periods in history.

Record HODL Move from Long Term Investors of Bitcoin: Monthly Accumulation of 800k BTC

The on-chain analysis platform CryptoQuant announced that long-term investors have accumulated a net of 800,000 BTC in the last 30 days, marking the highest monthly increase recorded to date.

LTHs, or investors who hold their BTC without selling for at least six months, are avoiding selling even though prices are expected to reach new highs in 2025. This trend indicates that the "hodl" ( holding) spirit has strengthened in market psychology.

CryptoQuant analyst Darkfost pointed out in an analysis published on Thursday that this movement is a signal that should not be overlooked:

"This week, the signal from LTHs is quite important. Such accumulation increases have only been seen six times, and the last two were precursors to significant price increases in July 2021 and September 2024."

The average buying price of new LTH positions is between $95,000 and $107,000, which analysts say makes this price range an important support zone. Accumulation in this area indicates that the price could remain strong at these levels.

Short Term Investors Are Watching 93,000 Dollars

On the other hand, short-term investors (STH – Short-Term Holders) also play a critical role in the market structure. According to Cointelegraph's analysis, the average cost for STHs is just under $100,000, and this area typically acts as support during bull market corrections.

The on-chain analysis firm Glassnode stated that the range of 98,000 – 93,000 dollars is critical throughout this week:

"As long as the price remains above this range, the bull market structure will remain solid. However, if it falls below this support, especially if investors with costs in this region start panic selling, a deeper correction may be triggered."

The behavior of both short-term and long-term investors in Bitcoin plays a critical role in the sustainability of the current market structure. The aggressive accumulation by long-term investors and the support level formed in the range of 93,000-107,000 dollars provide hope for the continuation of the bull market. However, any breakdowns that may occur below these levels could reverse the market momentum.

*It is not investment advice.

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