Bitcoin: Long-Term Holders Are Back โ and It Matters ๐ง ๐
The chart shows a powerful trend: as Bitcoin price (black line) climbs toward new highs, the total balance held by long-term holders (pink line) is surging โ now approaching levels last seen during the 2021 bull market.
What's more telling? The 30-day % change in balance (blue bars) is turning sharply positive ๐. This indicates that holders are not only accumulating, but doing so aggressively.
Historically, rapid increases in long-term holdings often precede major price expansions. Why? Because these addresses tend to absorb supply, reducing sell pressure during key breakout phases.
Key takeaway: while short-term noise dominates headlines, smart money is quietly positioning โ and charts like this reveal the silent buildup. Long-term conviction is growing. Are you watching? ๐
