Why Bitcoin’s Long-Term Holders Are Accumulating at a Record Pace via @cryptoquant_com(Report-#352) Bitcoin’s Long-Term Holder Net Position Change, measured over 30 days, has surged to one of the highest levels on record. However, this does not simply mean that veteran investors are buying aggressively today. A major factor is the 155-day classification lag. Bitcoin purchased months ago through spot ETFs, institutional custody platforms, corporate treasuries, and dip-buying investors is now being reclassified as long-term holder supply because it has remained unmoved. Since the approval of US spot Bitcoin ETFs in 2024, large amounts of BTC have been absorbed into institutional custody. At the same time, exchange balances have declined, reducing the amount of Bitcoin readily available for sale. The 2024 halving has also lowered new supply, further tightening market conditions. This creates a structural shift: more Bitcoin is being held by investors with longer time horizons, while liquid supply continues to shrink. Still, record LTH accumulation does not guarantee an immediate price increase. It is better viewed as a supply-side signal. A stronger bullish move would likely require renewed ETF inflows, continued exchange balance declines, improving stablecoin liquidity, and Bitcoin reclaiming key short-term holder cost levels. XWIN views the current trend as positive for the medium to long term. The market may be building a tighter supply structure that could amplify the impact of the next major wave of demand. https://t.co/oNqruIBRRr’s-Long-Term-Holders-Are-Accumulating-at-a-Record-Pace