Bitcoin supply is moving to stronger hands, long-term holders added 303K $BTC while short-term holders offloaded 290K $BTC in the last 30 days, per CryptoQuant.



$BTC $BTC
BTC-0,67%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • 10
  • Share
Comment
Add a comment
Add a comment
QuantumLittleTomato
· 4h ago
The question is whether these "long-term holders" are just transferring to cold wallets or institutional custody? On-chain data needs to be carefully examined.
View OriginalReply0
AncientKeysUnlockNewChains
· 4h ago
303K is not a small amount relative to BTC circulation; on-chain activity is indeed becoming more "robust," but when the price reacts depends on market sentiment.
View OriginalReply0
PixelPnl
· 4h ago
The chips are changing hands, which is quite healthy.
View OriginalReply0
ReadingContractsUntilMyEyesAre
· 4h ago
If these 30 days are characterized by rising prices and increased trading volume, then it's even stronger; if there's a decline with increased trading volume, it could also be passive selling, and future movements will still depend on the demand side.
View OriginalReply0
VineGeometry
· 4h ago
It feels like everyone is using time to exchange for space; short-term players pay tuition, while long-term players quietly pick up chips.
View OriginalReply0
GateUser-15b19a42
· 4h ago
Short-term selling pressure has been absorbed, supply is tighter, and combined with the halving narrative, it feels like the story is not yet over.
View OriginalReply0
PartiallyMeltedIceCream
· 4h ago
Picking up the baton from a strong player is a good thing, but don't get too carried away; a macro change can still cause a crash.
View OriginalReply0
  • Pin