Long-Term Bitcoin Holders Are Definitely Not Giving Up – Here’s Why

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What you need to know (because who doesn’t love some market drama?):

  • Long-term investors are basically on a Bitcoin shopping spree, adding 635,340 BTC since January – talk about commitment! They’re hoarding more than short-term holders are selling, at a whopping 1.38:1 ratio. Someone’s planning for a future, huh?
  • Even though Bitcoin’s price is bouncing back, 2.6 million BTC are still drowning in losses – those poor coins bought above $95,000 are like the ones who showed up to the party, but the snacks were all gone.

So ”

Since January, LTHs have grabbed a solid 635,340 BTC, bringing their stash to a colossal 13,755,722 BTC. Glassnode’s data says these folks have been holding on for at least 155 days – they probably wear the same pair of socks until they can’t anymore, too, because they just stick with things. You know, real commitment. And during market lows? They’re buying in like it’s a Black Friday sale. 🛒

Meanwhile, short-term holders (the ones who came in like a flash and are out just as quickly) have sold off 460,896 BTC. Whether they were taking profits or just panic-selling, they’ve now got a measly 3,516,265 BTC left. Yikes. 😬

Let’s talk about that infamous 155-day threshold. Remember back in November when Bitcoin was riding high from $65,000 to $95,000? Yeah, that’s when many of these short-termers bought in, and now they’re stuck with some cold feet. On the bright side, at least they transitioned to long-term status, so it’s like they’re married to Bitcoin now – no backing out. 💍

Even though Bitcoin is back above $90,000 (after a tragic low period in March), there’s still a heavy price tag on some of those coins. About 2.6 million BTC are sitting underwater, probably texting their friends asking for advice. But hey, it’s not the worst loss we’ve seen – at least they’re not down 5 million BTC like earlier this month. Every little victory counts, right? 🙌

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2025-04-24 11:59