Over 500000 BTC were added by long-term holders in 30 days as accumulation zones grew sharply again.
The price of Bitcoin climbed toward $110000 during the same period as supply began dropping steadily.
This buying phase reflects stronger belief from long-term players as past selling patterns now fade away fast.
Long-term Bitcoin holders added over 500,000 BTC in May 2025, signaling a strong bullish trend as prices approached $110,000. Data from CryptoQuant’s 30-day net position change chart shows a major accumulation phase matching previous upward moves. This follows a sharp recovery from early 2025 lows and comes amid strong price momentum.
Source: X Surge in Accumulation Mirrors Past Bullish Cycles
The chart shows long-term holders turning net positive again, with green bars indicating sustained buying over the last 30 days. The accumulation began building steadily in April 2025 and reached levels not seen since early 2023.
Previous peaks in accumulation coincided with strong rallies, including the move from $25,000 to over $70,000 in 2023. The recent surge closely follows a similar pattern, with net inflows now reaching over +500K BTC on a 30-day basis.
These shifts often reflect long-term conviction, where seasoned investors move assets off exchanges and into cold storage. The move may be driven by macroeconomic factors, upcoming ETF flows, or broader sentiment shifts favoring digital assets.
Throughout 2024, long-term holders had largely been net sellers, especially between February and November. This selling pressure coincided with sideways price action and a lack of sustained momentum. The current reversal suggests that sentiment has shifted significantly.
Price Nears All-Time Highs as Supply Thins
Bitcoin’s price currently trades just below $110,000 after breaking past key resistance levels in recent weeks. The sharp price rebound began in early 2025, as BTC climbed from under $40,000 to current levels.
Each prior accumulation phase saw prices continue rising over the next 60 to 90 days. With over 500K BTC added in the past month, the reduced exchange supply may support further upside.
CryptoQuant’s chart also shows that negative position changes, marked in red, dominated most of 2024. These outflows aligned with market uncertainty and profit-taking from earlier bull runs. The transition to positive accumulation is often viewed as a reset in market sentiment.
The current uptick in long-term buying mirrors phases of previous expansion, where institutional and high-net-worth investors re-entered the market. This renewed interest supports the case for sustained upward momentum if similar dynamics continue.
Accumulation Zones Suggest Strong Confidence
The chart’s historical comparison shows three main accumulation zones since mid-2023, each preceding major upward moves. The most recent, now exceeding +500K BTC, ranks among the strongest in two years.
The data indicates that investor confidence is rebounding after months of caution. With Bitcoin nearing $110K and accumulation growing, many see the pattern as supportive of continued strength.
This rise in long-term holding may reduce the volume of Bitcoin available for trading. As supply tightens, even small increases in demand could move price significantly.
The current market setup raises a critical question: Will this new wave of long-term accumulation sustain enough momentum to break all-time highs?
