Bitcoin long-term holders are currently accumulating at an unprecedented pace, adding around 800,000 BTC per month, according to new data from CryptoQuant. This trend highlights a strong "hodl" mindset among investors, even as the cryptocurrency reaches record highs in 2025.
Long-term holders — defined as those who retain their BTC for six months or more — have significantly increased their holdings, with a net supply change hitting a record high on a 30-day rolling basis. “This week brings a key signal from LTH that shouldn’t be overlooked,” wrote CryptoQuant contributor Darkfost, who noted that such an increase has only happened six times before.
On previous occasions, including in July 2021 and September 2024, similar spikes in accumulation preceded major price rallies. “This makes it a powerful signal that should absolutely be factored into any strategy,” Darkfost added.
CryptoQuant also pointed out that many of the coins now entering the long-term holding category were bought between $95,000 and $107,000, suggesting this price range may act as a support zone going forward.
Meanwhile, short-term holders — those holding BTC for less than six months — also remain an important indicator in bull markets. Their average cost basis is just under $100,000, a level that frequently serves as support during market corrections. This week’s dip to $98,000 fits that pattern.
According to onchain analytics firm Glassnode, the price range between $93,000 and $98,000 is critical. “As long as the price holds above this range, the bull market structure remains intact,” it stated.
However, a drop below this zone could lead to a steeper correction, especially if short-term holders start selling under pressure.
Sources:
https://cointelegraph.com/news/bitcoin-long-term-holders-stack-800-btc-per-month-record-hodl-run
https://cryptoquant.com/analytics/query/65ed815767c8123d4840c81e?v=65ed815767c8123d4840c820
https://insights.glassnode.com/the-week-onchain-week-25-2025/