Bitcoin long-term holders resume net accumulation after six months of selling pressure. BTC price jumps 12% to $83,615 since early April amid rising investor confidence. Realized cap exceeds $18B; bullish confirmation depends on sustained accumulation. Bitcoin’s long-term holders (LTHs) started buying again after a long stretch of selling that started late October 2024. The LTH Net Position Change reading (30-day total) turned positive April 6, 2025—the first time in six months. This points to a change in feeling among these holders and could set the stage for a market upturn. This change follows a large price drop where Bitcoin fell almost 32% from its November highs. How LTH Selling Stopped as Bitcoin Price Climbed Back Above $80k During the earlier selling period, deep red bars on the LTH metric reflected sustained sell-offs, culminating in a historic low of -827,750 BTC in early December. The distribution was largely blamed for dragging BTC down to sub-$75K levels. However, recent price action tells a different story. Since the beginning of this renewed accumulation, Bitcoin has rebounded by 12%, currently trading near $83,615. Bitcoin: … The post Why Bitcoin Needs More Than Just LTHs Starting to Buy for a Real Rally appeared first on Coin Edition .
