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Spending by older $
BTC
holders is heating up again. Aggregate volume from the 1y–5y cohorts just hit $4.02B - the highest since February.
Older coins are on the move 🧵👇
#BTC
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$SOL CME Futures volume just hit an all-time high of 1.75M contracts - the highest on record. This surge suggests institutional investors are positioning aggressively as price rebounds to ~$145. Track SOL derivatives data: https://glassno.de/4lirj5w
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#Bitcoin Long-Term Holder Spending Binary Indicator shows minimal spending for the first time since June 10. With LTH supply near all-time highs (~14.7M $BTC), it signals continued conviction - seasoned investors remain reluctant to distribute despite recent market volatility.
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Despite recent price volatility, US Spot #Bitcoin ETFs recorded net inflows of over 11.6K $BTC last week. This marks the second consecutive week of positive flows, highlighting sustained institutional demand even in uncertain conditions.
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Since June 10, $BTC investors classified as Loss Sellers rose 29% (from 74K to 95.6K), showing growing pressure on weak hands. But Conviction Buyers also increased, suggesting sentiment isn’t collapsing. Some are cutting losses - others are actively lowering their cost basis.
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#Bitcoin's Short-Term Holder cost basis is ~$98.1K. While recent corrections have bounced near this level, the Cost Basis Distribution shows denser supply just below, around $97K–$98K. This zone may act as the true pivot in the next drawdown as pressure builds on newer holders.
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