Bitcoin Long-Term Holders Accumulate 800K BTC Monthly in Record Hodl Run

Bitcoin long-term holders are increasing their BTC exposure by 800,000 BTC per month, according to new research from onchain analytics platform CryptoQuant, reaching levels rarely seen before. Bitcoin long-term holders (LTHs) — entities holding coins for at least six months without selling — have doubled down on their commitment despite BTC price hitting new all-time highs in 2025. Analyzing the LTH supply change, CryptoQuant reveals that on a rolling 30-day basis, the supply has increased by a net 800,000 BTC — a new record. Contributor Darkfost argued in one of its “Quicktake” blog posts on June 26 that “This week brings a key signal from LTH that shouldn't be overlooked”. Over Bitcoin's history, 30-day LTH supply increases have only passed the 750,000 BTC mark six times. The two most recent occasions, in July 2021 and September 2024, both preceded a BTC price spike. “This makes it a powerful signal that should absolutely be factored into any strategy,” Darkfost concluded. The post added that coins now entering the LTH category have a purchase price between $95,000 and $107,000, reinforcing that range as a potential support zone. This trend indicates a strong belief among long-term holders in the continued rise of Bitcoin's price. Long-term holders are typically defined as investors who have held their Bitcoin for an extended period, usually over 6 months or 155 days, and prefer to hold their coins despite market fluctuations rather than trading them frequently. CryptoQuant analyst Axel has highlighted a significant trend in Bitcoin's market dynamics, noting that long-term holders (LTH) have consistently increased their holdings before major price surges during the current bull run. This pattern was first observed near the $28,000 mark, where LTHs' holdings relative to short-term holders (STH) increased over a 1-2 month period, ultimately leading to a price breakthrough to $60,000. Subsequently, a similar accumulation phase occurred during the consolidation around the $60,000 level, providing the momentum for the subsequent surge to $100,000. Currently, at the critical $100,000 level, there is a continued increase in the LTH/STH holding ratio, suggesting that this accumulation phase may last for another 4-8 weeks. According to the analyst's forecast, a strong uptrend is highly likely to follow, with a relatively conservative multiplier of 1.6x indicating a potential target range around $160,000 for the next uptrend. This accumulation by long-term holders reduces the circulating supply available for sale, creating an environment ripe for upward price pressure when demand eventually surges. This projection isn't merely a hopeful guess; it's an extrapolation based on established market behavior. While the HODL strategy has its merits, especially in bull markets, it's important to understand why modern trading strategies offer a more dynamic and potentially more profitable alternative. Advanced trading algorithms minimize the risk of significant drawdowns and continuously adjust positions for market insights. In conclusion, the continued accumulation by Bitcoin long-term holders underscores a deep confidence in the cryptocurrency's long-term value, suggesting potential future price increases.