Bitcoin Long-Term Holders Resume Accumulation, Reducing Major BTC Selling Pressure

In a significant shift for the Bitcoin market, long-term holders (LTHs) have transitioned back into a phase of net accumulation. This change in behavior is easing a major headwind that has previously weighed on BTC's price. Data indicates that these seasoned investors, who hold coins for over 155 days, are now adding to their positions rather than distributing them. This reduction in sell-side pressure from one of the most steadfast cohorts is viewed as a constructive development for Bitcoin's market structure. The accumulation trend among LTHs often signals stronger conviction and can precede periods of reduced volatility and potential price stability or appreciation for BTC.