Long-Term Holders Add 339K BTC Since April 4

Long-term Bitcoin holders added 339,000 BTC since April 4, pushing total LTH supply to over 14.3 million BTC.

  • LTHs accumulated 339,000 BTC since April 4
  • Total LTH Bitcoin supply now at 14.37 million BTC
  • Reflects growing long-term confidence in Bitcoin

Bitcoin Confidence Grows Among Long-Term Holders

In the world of cryptocurrency, holding behavior tells a powerful story. Since April 4, long-term Bitcoin holders (LTH) have significantly increased their positions, adding a staggering 339,000 BTC to their wallets. This strong accumulation trend has pushed the total LTH supply to 14,370,338 BTC, reinforcing the confidence these holders have in Bitcoin’s long-term value.

What This Accumulation Means

Long-term holders are typically investors who refrain from selling for extended periods, often weathering market volatility with patience. Their growing stake in the Bitcoin ecosystem signals a bullish sentiment. Adding such a large quantity of Bitcoin in a short span suggests they anticipate future price appreciation or view the current market as undervalued.

This trend also reduces the available supply for trading, potentially tightening the market and increasing upward price pressure if demand rises. When LTHs are not selling, it means less BTC is moving on exchanges—often a positive indicator for price stability.

Impact on Market Sentiment

Historically, sharp increases in LTH accumulation have preceded major Bitcoin price movements. These holders usually have deep conviction in Bitcoin’s role as digital gold or a hedge against fiat devaluation. Their behavior contrasts with short-term traders, who often react to market fluctuations. The current trend might indicate we’re entering a period of accumulation similar to past pre-bull run phases.

With over 14.3 million BTC now held by this cohort, nearly two-thirds of all Bitcoin in circulation is effectively locked out of the daily trading cycle. This substantial control by long-term believers adds a layer of stability to Bitcoin’s network and underlines the asset’s maturity.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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