Highlights:
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The supply of long-term Bitcoin holders has surged by a historic 800,000 coins in the last 30 days.
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Statistics indicate that a 750,000 BTC increase has only happened six times throughout Bitcoin’s journey.
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BTC price support depends on the supply with a cost baseline exceeding $93,000.
Bitcoin (BTC) long-term holders are setting milestones by amplifying their BTC holdings by 800,000 BTC each month.
Recent findings from the onchain analysis platform CryptoQuant reveal that the Bitcoin “hodl” mindset is experiencing unprecedented growth.
Long-term holders signal an important indicator
Long-term Bitcoin holders (LTHs) — individuals retaining coins for no less than six months without liquidation — have reinforced their dedication even as BTC prices achieve new peaks in 2025.
Examining the alterations in LTH supply, CryptoQuant indicates that on a rolling basis of 30 days, the supply has risen by a remarkable 800,000 BTC — setting a new record.
“This week provides a significant signal from LTH that should not be ignored,” contributor Darkfost emphasized in one of its “Quicktake” blog entries on June 26.
Throughout Bitcoin’s history, 30-day surges in LTH supply have crossed the 750,000 BTC threshold merely six times. The two latest instances, in July 2021 and September 2024, both preceded a surge in BTC price.
“This renders it a potent indicator that should definitely be incorporated into any strategy,” Darkfost concluded.
The post noted that coins transitioning into the LTH category have a purchase price ranging from $95,000 to $107,000, reaffirming that range as a probable support zone.
Latest purchasers require $93,000 to maintain
As Cointelegraph continues to indicate, the alternative side of the Bitcoin investor spectrum, short-term holders (STHs), also play a vital role in bullish markets.
Associated: Bitcoin ‘Satoshi-era’ miners only sold 150 BTC in 2025 amid record highs
Presently, STHs — representing speculators holding coins for six months or less — have their combined cost basis slightly below $100,000.
This threshold frequently acts as support during corrections in bull markets, with this week’s retracement to $98,000 being no exception.
Assessing the support structure this week, onchain analytics company Glassnode cautioned that the region between $98,000 and $93,000 is essential.
“Provided the price remains above this range, the bullish market framework stays intact,” it summarized in the latest edition of its ongoing newsletter, “The Week Onchain.”
“Nonetheless, a drop below could incite a more profound correction, particularly if holders with a cost basis in this zone start to sell, thereby increasing sell pressure.”
This article does not provide investment recommendations or advice. Every investment and trading move entails risk, and readers should perform their own research when reaching a conclusion.