🪙 Bitcoin long-term holders continue accumulating aggressively even as BTC struggles near local lows.


📊 According to Crypto Quant, the amount of BTC held by investors who have not moved coins for over 5 months has reached a new all-time high:
➡️ 16.1 million BTC
➡️ worth roughly $950B.
⚡ At the same time, selling activity from this group has dropped near historical lows, suggesting current market pressure is mainly coming from short-term holders and weaker hands.
📉 The average cost basis for these long-term holders is now estimated around:
➡️ $48.4K per BTC. That means many of them are sitting on only ~24% unrealized profit — a level that historically has often appeared near market bottoms.
🧠 CryptoQuant notes the key risk scenario would be:
❌ BTC breaking below $48K and triggering widespread long-term holder selling.
However, if Bitcoin continues falling while long-term holders still refuse to sell, it could become a very bullish signal that:
• sell-side pressure is getting exhausted
• weak hands are already flushed out
• and bears may be running out of momentum.
#btc $BTC $GT $ETH
BTC-0.99%
GT-0.46%
ETH0.01%
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