Key points:

Bitcoin long-term holders are making history as they increase their BTC exposure by 800,000 BTC per month.

New research from onchain analytics platform CryptoQuant shows Bitcoin “hodl” mentality reaching levels rarely seen before.

Bitcoin long-term holders offer “key signal”

Bitcoin long-term holders (LTHs) — entities holding coins for at least six months without selling — have doubled down on their commitment despite BTC price hitting new all-time highs in 2025.

Analyzing the LTH supply change, CryptoQuant reveals that on a rolling 30-day basis, the supply has increased by a net 800,000 BTC — a new record.

“This week brings a key signal from LTH that shouldn't be overlooked,” contributor Darkfost argued in one of its “Quicktake” blog posts on June 26.

Over Bitcoin’s history, 30-day LTH supply increases have only passed the 750,000 BTC mark six times. The two most recent occasions, in July 2021 and September 2024, both preceded a BTC price spike.

“This makes it a powerful signal that should absolutely be factored into any strategy,” Darkfost concluded.

The post added that coins now entering the LTH category have a purchase price between $95,000 and $107,000, reinforcing that range as a potential support zone.

Recent buyers need $93,000 to hold

As Cointelegraph continues to report, the opposite end of the Bitcoin investor spectrum, short-term holders (STHs), also play an important role in bull markets.

Currently, STHs — corresponding to speculators hodling coins for six months or less — have their aggregate cost basis at just below $100,000.

That level often acts as support during bull market corrections, with this week’s retracement to $98,000 being no different.