Bitcoin Long-Term Holders Add 212,000 BTC in One Month: Analyst
Bitcoin long-term holders have added $BTC tokens worth billions of dollars in the past few weeks despite the persistent downtrend.
These Bitcoin whales have been busy in the past 30 days, leveraging the dip to stack more sats. While retail traders panicked and selling pressure increased, long-term holders (LTHs) have been on a buying streak, stacking 212,000 $BTC.
Key Points
- While retail traders panicked and selling pressure increased, long-term holders (LTHs) have been on a buying streak, stacking 212,000 $BTC in the past 30 days.
- The CryptoQuant Bitcoin Long-Term Holder Net Position Change -30D Sum metric highlighted this trend.
- The metric tracked whether LTHs, usually wallets that have held $BTC for at least 150 days, bought or sold in the past 30 days.
- This trend has not surfaced only among LTHs; institutions are also back to buying Bitcoin.
Bitcoin LTHs Buy the Dip
In the past 30 days, Bitcoin, the pioneering cryptocurrency, has corrected by nearly 15%. It slipped deeper, touching $60,000 on February 6 before settling within its current price range around the mid-$60,000.
As earlier market volatility settled around this area, long-term Bitcoin holders took to dip buying. CryptoQuant verified author J.A. Maartunn highlighted this in a Tuesday post, citing the Bitcoin Long-Term Holder Net Position Change -30D Sum.
The metric tracks whether LTHs, usually wallets that have held $BTC for at least 150 days, bought or sold in the past 30 days. A positive difference, a sum above 0, shows accumulation, while a negative difference suggests distribution.
The chart shows that this metric has been on a negative trend since early 2025, a period marked by heavy position liquidation. However, as selling pressure has subsided and Bitcoin has retested multi-year price lows, this caliber of holders is reentering the market, buying $BTC at a lower price.
Bitcoin LTHs Position Change/CryptoQuant
Specifically, data shows that they have accumulated 212,000 $BTC, worth over $14 billion at the current market price, over the past month.
Bitcoin Dip Buying Among Institutions
Interestingly, this trend has not surfaced only among LTHs; institutions are also back to buying Bitcoin. Data shows that Bitcoin ETFs have bought $1.5 billion worth of the crypto leader in the past five trading days.
Yesterday, the funds recorded a massive $458.2 million net inflow, one of their strongest this quarter. The inflow marked its fourth daily net positive flow in five days, as large players seem to renew interest in the sector’s leader.
Meanwhile, an analysis from Zac Townsend points to a more interesting development of Bitcoin ETFs. In a tweet, he shared that retail traders have exited their $BTC positions at a rapid pace since the October top at $126,200. In that timeframe, however, 17 of the top 25 largest Bitcoin ETF holders have added to their positions.
This divergence does not just highlight the difference between smart money and retail but also emphasizes the conviction among the former in Bitcoin’s future prospects beyond the short-term sideways trend.
Typically, such accumulation precedes a major price shift. When large holders accumulate, buying pressure builds, and positive momentum returns, fueling a notable price rally. However, other factors may influence whether the outcome.
