Bitcoin’s long term holders have seen a sharp rise in wealth held
The post Bitcoin’s long term holders have seen a sharp rise in wealth held appeared on BitcoinEthereumNews.com.
BTC has moderately recovered over the past day, rising by 1.37%. Bitcoin’s 3-6 million long-term holders have seen their wealth sharply rise. Over the past two months, Bitcoin [BTC] has experienced extreme volatility. Despite increased fluctuations, Bitcoin’s long-term holders remain steadfast in the market. As such, long-term holders have seen their wealth rise despite the prevailing market conditions. According to Glassnode, 3-6 million Bitcoin holders, especially those transitioning into long-term holder status, have seen a sharp rise in the wealth they held. Source: Glassnode AMBCrypto has identified increasing wealth among long-term holders, with the LTH MVRV ratio maintaining positive momentum since December 2024. This indicates that BTC’s value for long-term holders remains relatively high compared to its cost basis. Historically, positive LTH MVRV momentum reflects renewed confidence among these holders. Although many of these coins were acquired near all-time high levels, their continued aging demonstrates conviction rather than signs of capitulation. Source: Checkonchain As long-term holders see their profits grow, they remain steadfast in holding their BTC. Spending activity from 3–6 million Bitcoin holders has dropped to its lowest level since mid-2021. This reduced activity supports the notion that recent top buyers are maintaining their positions instead of selling, even amid ongoing market volatility. Source: Glassnode Therefore, Bitcoin’s LTH spent supply has seen a sustained decline since February 2025. As such, the amount spent has declined from a high of $18 billion to $8 billion as of the 31st of March 2025. This suggests that holders are spending less and less BTC, reflecting a rising accumulation trend among LTH. With increased holding, it suggests that investors are optimistic about the long-term potential of BTC and anticipate more gains. Source: Checkonchain Looking further, across the 2023-2025 cycle, long-term holders have distributed over 2 million BTC. This distribution has been followed by…
Filed under: News - @ April 1, 2025 11:26 am