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Bitcoin Accumulation on the Rise: Both Short-Term and Long-Term Holders Strengthen Investor Confidence

By: en coinotag|2025/05/07 20:45:01
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COINOTAG News , May 7th – Recent analytics from Glassnode reveal a noteworthy trend among both Bitcoin Short-Term Holders (STH) and Long-Term Holders (LTH) , as accumulation patterns shift. The LTH cohort, defined as those holding Bitcoin for over 155 days, has been steadfast in their buying strategies since early March, accumulating more than 250,000 BTC . This surge has elevated their total holdings to over 14 million BTC , a signal that market sentiment may be on the upswing. Analysts at Glassnode emphasize that this accumulation trend underscores a fading tendency among holders to engage in sell-offs for hedging. In a contrasting move, STHs, typically characterized by their short-term trading strategies, have begun to accumulate as well, adding over 25,000 BTC in just the last week. This shift follows a substantial sell-off exceeding 200,000 BTC noted since February 2025, coinciding with Bitcoin’s considerable 30% price decline . Currently, Bitcoin is trading around $97,000 , indicating a potential revival in investor confidence . Nonetheless, Glassnode highlights a critical resistance barrier at $99,900 , suggesting that profit-taking may intensify as LTH unrealized gains near 350% , necessitating robust buying activity to sustain upward momentum.

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