Long-Term Bitcoin Holders Show Strong Confidence Amid Market Recovery
Long-term Bitcoin holders are demonstrating unwavering commitment by accumulating more BTC than short-term holders are selling. For every 1 BTC sold by short-term investors, long-term holders have added 1.38 BTC to their reserves. This trend underscores their confidence as Bitcoin continues its recovery. Since January’s market bottom, long-term holders—defined as those holding BTC for at least 155 days—have amassed 635,340 BTC, signaling a bullish outlook for the cryptocurrency’s future.
Long-Term Bitcoin Holders Accumulate BTC Amid Market Recovery
Long-term Bitcoin holders are demonstrating unwavering commitment by accumulating more BTC than short-term holders are selling. For every 1 BTC sold by short-term investors, long-term holders have added 1.38 BTC to their reserves. This trend underscores their confidence as Bitcoin continues its recovery.
Since January’s market bottom, long-term holders—defined as those holding BTC for at least 155 days—have amassed 635,340 BTC, bringing their total holdings to 13,755,722 BTC. Glassnode data reveals this cohort’s tendency to buy during market weakness and sell into strength.
In contrast, short-term holders have distributed 460,896 BTC, often capitalizing on profits or cutting losses. Their current holdings stand at 3,516,265 BTC. The 155-day threshold traces back to November 20, a period marked by Bitcoin’s climb from $65,000 to $95,000.
Bitcoin Traders Adopt Cash-Secured Put Strategy for Long-Term Accumulation
Bitcoin traders are increasingly selling cash-secured put options on Deribit, mirroring an insurance model where premiums are collected against low-probability downside risks. This strategy signals bullish conviction, as participants stand ready to accumulate BTC at predetermined levels while earning option premiums.
The mechanics are straightforward: traders collateralize put sales with stablecoins, ensuring they can purchase Bitcoin if prices decline to strike levels. This approach combines income generation with disciplined accumulation—a hallmark of professional derivatives positioning in nascent bull markets.
Altcoin Season Might Start This Week – Here’s Why Crypto Traders Say So!
The crypto market cap has surged to $3 trillion, with Bitcoin reaching a 7-week high of $94,600. Altcoins are now showing signs of outperforming BTC, sparking speculation that an altcoin season is imminent.
Rogue Crypto, a prominent trader, argues the "shakeout phase" is over. Market sentiment is shifting after months of stagnation, fueled by political and economic developments linked to Donald Trump’s tariff policies and Federal Reserve dynamics.
Investors Still Skeptical About the BTC Price Rally—Is This a Calm Before the Storm or a Reversal Incoming?
Bitcoin’s price volatility continues to dominate market discussions, with the cryptocurrency rebounding from recent dips to challenge key resistance levels. Despite skepticism among some investors, whale activity suggests strong accumulation trends not seen since before 2020.
Large holders, particularly those with wallets containing 10,000 BTC or more, are aggressively accumulating supply. This bullish behavior persists even as the token faces upward pressure NEAR the $94,000 mark, signaling potential for further upside.
BlackRock’s Bitcoin ETF Records $643M Daily Inflow Amid BTC Rally
Bitcoin’s surge past $90,000 has reignited institutional interest, with BlackRock’s IBIT ETF absorbing $643 million in a single day—marking one of its largest inflows since launch. The broader U.S. spot Bitcoin ETF market saw $916.91 million net inflows on April 23, propelling weekly totals to $2.23 billion.
Market sentiment shifted decisively bullish after Paul Atkins’ swearing-in as SEC chair, breaking weeks of stagnation. Sosovalue data highlights BlackRock’s dominance, capturing over 70% of the day’s ETF inflows as capital floods back into crypto.
Bitcoin Exchange Deposits Plunge, Echoing 2017 Bull Run Precursors
Bitcoin’s price surged 9.4% this week, with a notable 9.65% single-day spike between April 21-22. The rally coincides with a striking on-chain pattern: exchange deposits have plummeted to 52,000 addresses (30-day average) — far below the 10-year average of 92,000. This supply squeeze mirrors conditions preceding Bitcoin’s historic 2017 bull market.
CryptoQuant data reveals a sustained decline in BTC moving to exchanges since 2022. Fewer deposits typically indicate reduced selling pressure as investors opt for cold storage. "When BTC stays off exchanges, it’s like taking barrels off the oil market," observed analyst Axel Adler Jr., drawing parallels to commodity supply shocks.
