Bitcoin’s patient investors are making waves again. Long-term holders—those who haven’t sold in at least six months—have piled on a net 800,000 BTC over the past 30 days. That’s a fresh record. Prices have surged to new highs in 2025, yet these seasoned hands just keep buying.
According to CryptoQuant, the 30-day change in long-term holder supply just hit +800,000 BTC. That level has only been seen six times before. It shows real faith from investors who’ve held coins through every dip and rally. They’re shrugging off a market that’s already trading north of $100,000.
Based on reports from CryptoQuant contributor Darkfost, similar spikes in LTH supply came in July 2021 and September 2024. Each of those runs led to big price jumps soon after. When patient players pile in this hard, history suggests it can set the stage for a fresh rally.
CryptoQuant’s data also show coins newly qualifying as long-term were bought between $95,000 and $107,000. That zone looks like a comfort area for big whales and serious investors. It may act as a floor if Bitcoin slips, with buyers ready to defend those levels.
Support Zone For Short-Term PlayersOn the other side, short-term holders—those in for six months or less—have a joint cost basis just under $100,000. Glassnode warns that the $98,000–$93,000 band is critical. As long as Bitcoin stays above there, speculators can hold on. If it falls below $93,000, some of them could sell fast, digging a deeper pullback.
Patient and speculative groups are thus sending two clear messages. The long-term cohort is showing rare confidence by adding hundreds of thousands of coins. The short-term crowd is braced around familiar support levels.
Watching these on-chain clues side by side can help anyone in the market right now. If you’re holding for the long haul, you’re in good company—big players are still stacking BTC even after all the gains. If you trade more actively, keep an eye on that $98,000–$93,000 floor. A drop below could be your signal to lock in gains or tighten stops.
Overall, the balance of power favors the bulls, but only as long as support holds. Bitcoin’s history shows that when veteran holders double down, good things often follow. At the same time, speculators need enough confidence to stay in. For now, those two forces are in a delicate dance—one that could decide whether Bitcoin breaks higher or takes a deeper breath.
Featured image from Getty Images, chart from TradingView