The number of Bitcoin held by long-term investors increases by a record 800,000 BTC in the past 30 days – a sign of strong accumulation before a price increase?
According to data from CryptoQuant published by Cointelegraph on June 27, the number of Bitcoin held by long-term holders has increased by 800,000 BTC in just 30 days – the largest monthly increase in cryptocurrency market history. This is a signal showing a strong accumulation phase is occurring, similar to periods before major price increases.
Previously, there were only 6 times in history where Bitcoin accumulation by long-term investor groups exceeded 750,000 BTC within 30 days. Two of the most notable milestones occurred in July 2021 and September 2024 – both were preludes to subsequent strong price increases.
The Medium holding cost of Bitcoin for long-term investors currently ranges between $95,000 - $107,000/BTC. Meanwhile, short-term investors have a lower Medium holding cost, around93,000/B. This. suggests short-term selling pressure may be gradually decreasing as the price remains near the break-even point or lower than the>
Another notable trend is the clear differentiation between Bitcoin holding wallet addresses.. Long-term investors currently account for about 68% of the total BTC in circulation in the market – an overwhelmingly dominant level, reflecting strong confidence in Bitcoin's long-term prospects.
Especially, Miners who have been active since the "Satoshi era" – those considered extremely knowledgeable about BTC's nature – have only sold 150 BTC since the beginning of 2025. This shows an extremely high reluctance to sell, further reinforcing the view that they expect significant price increases in the near future.
