A recent report from CryptoQuant indicates that the supply of Bitcoin that has remained untouched for over six months has reached historic levels, signaling that many investors are adopting long-term strategies and are not rushing to sell, even amid high prices.
Classification of Long-Term Holders
Currently, there is an uptick in long-term holder (LTH) supply driven by purchases made in the $95,000 to $107,000 price range. These coins are now classified as long-term since they have remained untouched for over six months. 'This indicates a high-conviction holding mindset,' the report notes.
Importance of the Current Signal
The surge in LTH supply comes during a time of elevated prices and increased institutional involvement. The willingness of holders to retain assets at high valuations reflects a maturing market and suggests that investors view Bitcoin as a long-term store of value rather than just a speculative asset. 'Historically, such strong LTH inflows have only occurred six times throughout Bitcoin’s entire history, and each instance preceded either a major rally continuation or marked a durable market base.'
Conclusion: A Rare Commitment to Hold
As LTH supply surges while BTC consolidates above $100K, there is critical on-chain confirmation that conviction remains strong. With history showing only a handful of similar events, the market may be setting the stage for another leg upward or, at the very least, a resilient price floor.
Thus, the increase in Bitcoin long-term holder supply serves as an important market confidence indicator, highlighting the changing perception of Bitcoin as a stable asset.
