Bitcoin Supply Held By Long Term Holders Increase By 1.5 Million BTC

Key Highlights

• Bitcoin supply held by long term holders rise from 14.3 million to 15.8 million

• Long term holders in profit leaving $98k as key support level

Bitcoin Supply Held by LTHs Soars

After rallying to surpass $100k two weeks ago, Bitcoin prices have remained stuck between $100k and $105k.

Bitcoin long-term holder spending trends are illustrated, highlighting fluctuations in supply and binary spending indicators

Despite the continued stagnation, Bitcoin's long-term holders have remained extremely bullish. According to Cryptoquant analyst Darkfost,  Bitcoin's supply held by Long term holders has risen from 14.3 million BTC to 15.8 million, a significant jump indicating that holders are not selling but instead they are aggressively they’re accumulating.

According to the analyst, the increase points to two major insights. Firstly, Long-time holders are staying put. Despite market volatility, those who bought BTC early are holding tighter than ever.

Secondly, Mid-term holders are turning long-term. Bitcoin purchased 6+ months ago is transitioning into long-term holdings, suggesting growing conviction among newer investors, too. Together, this paints a bullish sentiment with a significant amount of BTC sitting idle off exchanges.

Long-term Holders in Profit

After the recent price rally, Bitcoin long-term holders are now in profit. With Bitcoin holding above $100k, it has successfully reclaimed and held above the realized price of the 3–6 month holder cohort, suggesting that these important market participants are now in overall profit.

Bitcoin's Price Dynamics: This chart illustrates Bitcoin's realized price using UTXO age bands over time. It highlights trends from 2022 to 2025, showcasing fluctuations across various price thresholds, including significant movements around $30K to $100K.

When aging coins enter profit margins, it's typically perceived as a bullish signal. This is because these holders are now less likely when their positions are in profit. Their continued holding turns into a classic bullish signal.

Historically, this tends to mark a turning point toward bullish momentum.  When long-term and mid-term holders stop selling, they reduce available supply, which puts upward pressure on price, especially when demand spikes.

If the recent rally fails, the short-term retracement at this level is likely. If BTC pulls back toward $98K and finds support there, it could act as a launchpad for the next rally. A strong rally from the current consolidation will set Bitcoin up for a new high.