Bitcoin’s 316K BTC Shift to Long-Term Holders Signals $80K Coming?

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<a href="https://jpyxx.com/btc-usd/">Bitcoin</a> LTH Supply Climbs Back To August 2025 Levels As 316K <a href="https://pricpr.com/btc-usd/">BTC</a> Move Into Strong Hands

Recent Bitcoin data suggests investors are holding on to their coins rather than selling in a panic. According to analysis by Darkfost using CryptoQuant data, the amount of Bitcoin held by long-term investors has increased to 15.26 million BTC – a level not seen since August 2025. This indicates growing patience among these holders.

This news arrives at a crucial moment for Bitcoin. The price is hovering around $80,000 and struggling to gain momentum, leaving traders uncertain whether it will fall further or bounce back.

Long-Term Holders Add 316,000 BTC In 30 Days

Data from CryptoQuant reveals that Bitcoin’s long-term holders are now holding 15.26 million BTC – a level not seen since August 2025. What’s particularly noteworthy isn’t just the increase in holdings, but how quickly it’s been happening over the last month.

Over the last month, the total amount of Bitcoin held by long-term investors has increased by around 316,000 BTC. These are investors who’ve held their Bitcoin for at least six months, and they tend to be less affected by quick price swings.

The chart shows that the amount of long-term held Bitcoin (LTH) supply has recently started to increase, as indicated by the green bars. This is a change from late 2025, when the supply was decreasing, which is shown by the red bars.

By the end of November, the 30-day data showed a decrease of approximately 650,000 Bitcoin, indicating a significant amount of Bitcoin had been transferred from wallets held by long-term investors. This shift happened during a period when the market was weaker, as Bitcoin had recently fallen from its peak in October 2025 and was experiencing a more substantial price drop.

Bitcoin LTH Supply Change

Darkfost also noted a connection to the recent transfer of 800,000 Bitcoin from Coinbase. He believes May 23rd could be a key date for analysis of Bitcoin’s on-chain activity, because that’s when these coins will have been held for six months. After that point, analysts and investors will likely start paying closer attention to how much of that Bitcoin is being categorized as held by long-term investors.

Bitcoin Showing Strength

Analyst Michaël van de Poppe believes the market is overly concerned with falling prices. He points to Bitcoin’s 25% recovery from recent lows – even with ongoing geopolitical tensions in the Middle East and increasing interest rates – as evidence of its strength. Van de Poppe argues that a drop below the 21-day moving average doesn’t necessarily signal further declines, particularly since Bitcoin remains above $76,000.

Van de Poppe also noted that the relative strength index (RSI) comparing Bitcoin to gold is currently at a historically low level. However, he points out that similar low RSI readings in the past didn’t signal the start of a Bitcoin downturn, but instead coincided with periods of strong Bitcoin growth.

For Bitcoin to fall to a new low, it would have to drop below a key long-term indicator – its 200-week moving average. Such a drop would be unusual, only happening during major events like the crashes of Luna and FTX in 2022.

Just because Bitcoin is showing strength doesn’t mean it won’t dip again. As a researcher, I still think a test of the $70,000 level is possible, but I don’t believe we’re likely to see prices fall much further than that. I’m leaning towards this being a temporary pullback before another move higher, rather than the start of a major downtrend.

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2026-05-17 17:18