#bitcoin
📈 Bitcoin: Long-term investors are accumulating again, but is this the bottom yet?
Fresh data from CryptoQuant and Darkfost analyst point to an important shift in the behavior of “diamond hands” (LTH). While the price of Bitcoin storms the $71,467 mark, network metrics paint an interesting picture.
🔍 Key analysis theses:
• Return to the “green” zone: The change in the supply of long-term holders (LTH Supply Change 30d-ma) has turned positive again. After a deep drop in November 2025 (minus 674k $BTC ), the indicator has recovered to +308,000 BTC.
• Aging instead of buying: This increase does not necessarily mean new purchases. This signal that coins purchased 6 months ago are remaining stationary and officially transitioning into “long-term holding” status. Holding now dominates selling.
• The “loss trap”: Only 29% of LTH supply is currently at a loss. For comparison, historical cycles have only reached this point when this figure was 44%–53% (2015, 2018, 2022).
⚠️ Verdict:
While the change in investor behavior to sell the holding is a strong bullish signal in the long term, the low percentage of loss positions (29%) would suggest that a true capitulation has not yet occurred.
The market is showing strength, returning to $71k, but weak demand and geopolitical tensions could force the “Supply in Loss” indicator to rise higher before we see a sustainable reversal.
