Coinbase Observes Bitcoin Long-Term Holders Accumulating 1.4M BTC as Bullish Signals Emerge

In a striking display of confidence, Bitcoin’s long-term investors have accumulated an additional 1.4 million BTC in less than three months, bringing their total holdings to approximately 14.6 million BTC. This significant accumulation, observed amidst bullish market signals, highlights the steadfast belief of seasoned market participants in Bitcoin’s long-term value. Notably, spending activity by long-term holders has plummeted to its lowest level since September 2024, a trend historically associated with impending price rallies. The Coinbase Premium, a key indicator of market sentiment, further underscores the growing Optimism among investors. As of May 2025, these developments suggest a robust foundation for Bitcoin’s potential upward trajectory, with long-term holders playing a pivotal role in shaping the market’s future.

Bitcoin Long-Term Holders Accumulate 1.4M BTC Amid Bullish Market Signals

Bitcoin’s long-term investors have added over 1.4 million BTC to their holdings in less than three months, pushing total accumulations to approximately 14.6 million BTC. This surge in holdings underscores unwavering confidence among seasoned market participants, with spending activity by long-term holders hitting its lowest since September 2024—a historical precursor to price rallies.

The Coinbase Premium has maintained a 20-day streak, highlighting robust demand from U.S. investors. Technical indicators reinforce the bullish sentiment, as Bitcoin defends the critical $106K–$104K support zone. A triangle breakout pattern now targets $118K, further fueling optimism.

Supply dynamics grow increasingly tight, with long-term holders absorbing 300,000 BTC in under 20 days. The market’s most experienced players are effectively reducing available liquidity, setting the stage for potential supply shocks as latecomers scramble for exposure.

Coinbase Expands 24/7 Crypto Futures Trading to XRP and Solana

Coinbase Derivatives is set to launch round-the-clock trading for XRP and Solana futures starting June 13, following its pioneering 24/7 Bitcoin and ethereum futures offerings. The move positions Coinbase as the only CFTC-regulated U.S. exchange providing continuous access to these markets.

The expansion comes as derivatives now dominate over 75% of global crypto trading volume. "This bridges the gap between U.S. trading hours and global markets," said Andy Sears of Coinbase Financial Markets. The platform recently saw strong activity in its nano solana futures, with 23,000 contracts traded Thursday.

Coinbase’s futures portfolio now includes SOL, XRP, ADA and HBAR contracts, with perpetual BTC and ETH instruments forthcoming. The exchange first introduced Solana futures in February before adding XRP products last month.