🔥 Conviction buyers are accumulating Bitcoin at the fastest pace since 2020!
The amount of Bitcoin held by conviction investors increased by 69% in Q1 2026, rising from 2.13 million to 3.60 million BTC — the highest level since 2020.
This indicator is not 100% precise, but it is still very important.
Why it matters:
It gives you a sense of the overall trend: are people accumulating more or selling?
It’s useful for understanding the long-term “market mood.”
Its weaknesses:
It doesn’t distinguish whether the holdings are truly owned (they could be exchange cold wallets or lost funds).
It is delayed and does not provide entry/exit timing.
BTC
78,231.32
+1.23%