Bitcoin long-term holders have resumed accumulation after months of declining holdings, suggesting recent market volatility may be a mid-cycle correction rather than a peak. Analysis from Bitfinex reveals that long-term holder (LTH) Bitcoin holdings have increased to approximately 14.3 million BTC. Historically, such accumulation precedes price rallies by three to four months, providing insight into current market dynamics.
Long-term holders, defined as addresses holding BTC for at least 155 days, have increased their positions, indicating renewed confidence in Bitcoin's long-term value. This behavior aligns with historical patterns where LTH accumulation during corrections often led to significant price appreciation. The current accumulation phase, representing about 73% of Bitcoin's circulating supply, suggests underlying market strength despite recent volatility.
Bitcoin Long-Term Holders Resume Accumulation, Indicating Mid-Cycle Correction
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