đŸ”„According to CryptoQuant, Bitcoin’s long-term holders (LTH) are accumulating at the fastest pace in the past 6 years, based on the Long-Term Holder Net Position Change (30D) metric.

Green (positive) indicates an accumulation phase, while red (negative) indicates a distribution/selling phase. Looking back at history, strong accumulation waves have previously appeared around mid-2021, early 2024, and late 2024, when BTC prices formed bottoms or consolidated ahead of the next bull move.

When LTH returns to accumulation after a major sell-off, it often reflects that long-term holders believe the current price zone is attractive enough to buy back, or simply that the old coins have “reached maturity” to be counted toward LTH after a movement cycle.

History shows that prolonged LTH accumulation phases often come before sustained price rallies, but the exact timing and magnitude still require additional accompanying on-chain data (such as MVRV and exchange netflow) to confirm. $BTC