Key points:
- Bitcoin long-term holder supply has surged by a record 800,000 BTC in the past 30 days.
- Historically, an increase of even 750,000 BTC has happened only six times.
- Current BTC price support depends on supply with a cost basis exceeding $93,000.
Bitcoin long-term holders are making history, ramping up their BTC holdings by 800,000 coins per month.
New analysis from on-chain data platform CryptoQuant reveals that the “hodl” mindset has reached levels rarely seen before.
Bitcoin long-term holders provide a “crucial indicator”
Bitcoin long-term holders (LTHs) — those who retain their coins for at least six months without selling — have strengthened their positions even as BTC reached new all-time highs in 2025.
According to CryptoQuant, LTH supply has surged by a net 800,000 BTC over the past 30 days — marking a new all-time record.
“This week brings a key signal from LTH that shouldn’t be overlooked,” noted contributor Darkfost in a “Quicktake” blog post published Thursday.
Throughout Bitcoin’s history, 30-day LTH supply increases exceeding 750,000 BTC have occurred only six times. Notably, the last two — in July 2021 and September 2024 — both preceded significant BTC price rallies.
“This makes it a powerful signal that should absolutely be factored into any strategy,” Darkfost concluded.
The post also noted that coins now entering the long-term holder category were acquired at prices between $95,000 and $107,000, reinforcing that range as a potential support zone.
Recent buyers need BTC to stay above $93,000 to remain in profit
Currently, short-term holders (STHs) — typically speculators holding coins for six months or less — have an average cost basis just under $100,000.
This level often serves as support during bull market pullbacks, and the recent dip to $98,000 appears to follow that pattern.
In its latest “The Week Onchain” newsletter, on-chain analytics firm Glassnode highlighted the $98,000 to $93,000 range as a key support zone.
“As long as the price stays above this range, the bull market structure remains intact,” the report noted.
“However, a breakdown below could trigger a deeper correction, especially if holders with a cost basis in this zone begin to capitulate and add to the sell pressure.”
