Bitcoin’s short-term holders are increasing their buying during price surges, while long-term holders continue to accumulate during dips, setting a bullish tone for 2025, according to CryptoQuant analyst IT Tech.
Long-term holders (LTHs), those holding BTC for over 155 days, show strong conviction, maintaining a high market share and strategically taking profits during upward trends. Meanwhile, short-term holders, driven by FOMO (fear of missing out), are buying more aggressively during price upswings, signaling optimism for future price action.
Bitcoin recently fluctuated around the key $100,000 level, hitting an all-time high of $109,000 on Jan. 20, just before Donald Trump’s inauguration. As of now, the average long-term holder’s cost is $24,639, giving them over 4x profit, with Bitcoin trading at $104,390, according to CoinMarketCap.
Source: Cointelegraph
