ChainCatcher news, according to CoinTelegraph, analysts say that during the recent market pressure that caused Bitcoin's price to drop below $109,000, long-term holders have been accumulating Bitcoin.CryptoQuant analyst Amr Taha pointed out on May 26 that over-leveraged short-term traders were liquidated, while long-term holders quietly profited during the market reset. As short-term traders faced margin calls and forced sell-offs, long-term holders increased their accumulation, resulting in the realized market value of long-term holders soaring to over $28 billion, a level not seen since April.

ChainCatcher news, CryptoQuant analyst Axel Adler Jr stated that the unrealized profit rate for short-term holders who have held their coins for 1-3 months is 27%. Over the past 4 years, when this metric exceeds 40%, this group of holders tends to start selling, creating downward pressure on prices.At the current daily growth rate of approximately 0.818 percentage points, this metric is expected to reach the critical value of 40% in 16 days (June 11), at which point the Bitcoin price is expected to reach around $162,000.Axel Adler Jr noted that this prediction is based on linear extrapolation and does not account for potential "black swan" events or sudden factors.

ChainCatcher news, according to CoinDesk, on-chain analysis platform Glassnode data shows that since March 2025, long-term holders (LTHs) have accumulated over 250,000 BTC, bringing their total holdings to over 14 million, demonstrating strong confidence in the market. Short-term holders (STHs) have also net accumulated about 25,000 BTC in the past week, ending a previous months-long trend of continuous selling.Meanwhile, the inflow of funds into Bitcoin ETFs has accelerated over the past two weeks, and corporate Bitcoin reserves continue to grow, further supporting market demand.Technical analysis indicates that $99,900 is seen as a potential profit-taking zone, becoming the current key resistance level, with the market watching whether it can break through and continue to rise.

ChainCatcher news, CryptoQuant analyst Axel Adler Jr. posted on X, "Short-term holders of Bitcoin (holding period of 1 to 3 months) represent the most aggressive market participants, including professional speculators trading Bitcoin through ETF brokers. During the current bull market cycle, their net unrealized profit and loss (NUPL) typically rises to over 40%, after which they begin to take profits, creating selling pressure in the spot market.Currently, this group's NUPL is at 8%, and its 30-day simple moving average (SMA) remains negative at -2%. The selling pressure from this group will remain low until the NUPL breaks above 40%, which is seen as a bullish signal."

ChainCatcher news, according to on-chain data analysis platform IntoTheBlock monitoring, currently there are over 234,000 bitcoins on EVM chains, which is an increase of about 10% compared to early 2025.IntoTheBlock analysis suggests that bitcoin holders are crossing chains to EVM chains and earning asset returns through decentralized financial mechanisms such as staking.

ChainCatcher news, Glassnode published an analysis on platform X stating that compared to several large-scale Bitcoin sell-offs this year, losses are now spreading to groups that bought cryptocurrencies earlier, especially those holding Bitcoin for 3 to 6 months.The losses among these mid-term holders increased from 0.8% on February 27 to 19.4% on April 7.

ChainCatcher news, Bitwise CEO Hunter Horsley tweeted, "Currently, there are two types of Bitcoin holders in the market: investors (who view Bitcoin as an investment, measured in USD) and savers (who view Bitcoin as a savings account, measured by how much BTC they own)."

ChainCatcher news, according to Santiment analysis, wallets holding more than 10 bitcoins have experienced several key turning points in the past 6 months. A slight sell-off from mid-February to early March exacerbated the recent decline in the crypto market, but since March 3, these large wallets have been accumulating nearly 5,000 bitcoins again, while retail investor sentiment remains fearful.Data charts show several key timestamps: on October 12 last year, large holders began accumulating at the start of the bull market; accumulation paused during the holiday drop on December 26; accumulation resumed on January 12, a week before Trump's inauguration (when bitcoin reached a historic high of $109,000); selling began on February 19; and accumulation started again on March 3, when retail sentiment was at its most pessimistic.Santiment states that while prices have not yet reacted to the buying behavior of large holders, if these key stakeholders continue to accumulate, the market performance in the second half of March may be better than the "bloodbath" seen in the 7 weeks following bitcoin's historic high.

ChainCatcher news, Glassnode posted on social media, "The losses realized by short-term holders (STH) of Bitcoin rose to $23.4 million yesterday, marking one of the largest increases in the past three months. In comparison, the previous peaks were $38 million on February 3 and $25 million on December 20 of last year."

ChainCatcher news, according to on-chain analyst @ali_charts monitoring, the total holdings of long-term Bitcoin holders have decreased by more than 75,000 BTC in the past week.

ChainCatcher news, according to Cointelegraph, cryptocurrency analysts indicate that short-term Bitcoin holders are increasing their purchases during price rallies, while long-term holders continue to accumulate regardless, setting a "bullish tone" for this year.IT Tech states that short-term Bitcoin holders (those who have held Bitcoin for less than 155 days) seem more confident in buying during market uptrends, which makes him more optimistic about Bitcoin's price over the next 12 months. When Bitcoin prices rise, short-term holders flood into the market, indicating that they are "entering the market out of fear of missing out." "The speculative behavior of short-term holders lays a bullish foundation for 2025."Meanwhile, occasional sell-offs by long-term holders should not be a cause for concern, as they can "create healthy pullbacks and provide opportunities for new accumulation." According to another analysis by CryptoQuant writer "Crazzyblockk" on January 24, long-term holders "have largely avoided massive sell-offs, and despite current market volatility, they continue to strengthen a strong HODLing sentiment."

ChainCatcher news, according to IntoTheBlock, 100% of Bitcoin holders are once again in profit, the last time this level was reached was in November 2024, when Bitcoin rose from around $70,000 to $108,000 in about a month.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X that currently, ETFs, government agencies, and publicly traded companies (MSTR) hold 31% of the total known Bitcoin holdings, up from 14% last year.

ChainCatcher news, according to CoinDesk, about a week ago, Bitcoin long-term holders (LTHs) began distributing a large amount of BTC. Since then, LTHs have accelerated the pace, reducing their total Bitcoin holdings from about 14.2 million in mid-September to about 13.2 million.According to Glassnode data, on Thursday, Bitcoin long-term holders sold nearly 70,000 BTC, marking the fourth largest single-day sell-off this year.

ChainCatcher news, according to Glassnode data, the Bitcoin Long-Term to Short-Term Holder Supply Ratio (LTH/STH Supply Ratio) has dropped to 3.78, setting a new low for this cycle. This metric reflects the dominance of long-term holders in Bitcoin supply relative to short-term holders. Over the past 30 days, the distribution of holdings has accelerated, and HODLing is no longer the mainstream behavior in the market. The decline in the LTH/STH Supply Ratio indicates that more investors are inclined towards short-term trading rather than long-term holding.Glassnode analysis suggests that this trend is different from historical market top characteristics; in past analyses, even during periods of declining long-term holding, Bitcoin prices could still continue to rise.

ChainCatcher news, CryptoQuant analyst Maartunn posted on X that since November 8, long-term Bitcoin holders (wallets holding Bitcoin for at least 155 days) have sold 827,783 BTC, worth approximately $8.259 billion.Maartuun emphasized that during the same period, MicroStrategy purchased about 149,800 BTC, while the inflow of spot Bitcoin ETFs was 84,193 BTC. However, these only account for 30% of the amount sold by long-term holders.According to CryptoQuant's 30-day change chart for retail demand, Maartuun stated that despite the strong selling pressure faced by long-term holders, Bitcoin remains strong as retail demand has also reached an "annual high."Maartuun also noted that the seller risk ratio and net taker count may indicate that Bitcoin "has reached a potential peak."

ChainCatcher news, according to The Block, CryptoQuant analysts indicate that after BTC broke the $100,000 mark, long-term Bitcoin holders (LTH) began to take profits. CryptoQuant data shows that the "Long-Term Holder Spent Output Profit Ratio" (LTH-SOPR) has significantly increased, which measures the profit level of long-term Bitcoin investors by comparing the selling price of Bitcoin to the price they initially paid.CryptoQuant's research director Julio Moreno stated, "As Bitcoin's price rises above $100,000, long-term holders (LTH) have been taking profits, as indicated by the LTH SOPR rising to 4, which shows that the tokens sold by long-term holders have realized profits four times their original purchase price. However, this is a normal phenomenon during a Bitcoin bull market, and profit-taking is still far from reaching extreme levels."

ChainCatcher message, Trump posted on social media: "Congratulations to Bitcoin holders!!! $100,000!!! You're welcome!!! Let's work together to make America great again!"

ChainCatcher news, according to IntoTheBlock data, the current holdings of long-term Bitcoin holders have dropped to 12.45 million coins, the lowest since July 2022. The data shows that in this cycle, the reduction in holdings by long-term holders is only 9.8%, significantly narrower compared to 15% in the 2021 bull market cycle and 26% in the 2017 bull market cycle.