
Briefing
Bitcoin’s long-term holders have decisively shifted from selling to accumulating, indicating strong renewed confidence in the asset’s future value. After a significant outflow of $10.6 billion in early September, these seasoned investors rapidly accumulated 29,685 BTC, valued at $3.4 billion, in a single day, marking the second-largest daily accumulation this year. This behavior suggests that a recent price dip below $108,000 was perceived as a buying opportunity, reinforcing a long-term bullish outlook for Bitcoin.

Context
Many in the market wonder if Bitcoin’s recent price corrections signal a weakening bull market or if experienced investors are losing conviction. The core question is whether large, long-term holders are continuing to take profits or if they view dips as opportunities to strengthen their positions, thereby providing a foundation for future growth.

Analysis
Long-term holders (LTHs) are investors who have held Bitcoin for over 155 days, typically showing less sensitivity to short-term price swings. When LTHs move Bitcoin, it can signal either profit-taking (outflow) or accumulation (inflow to their addresses). In early September, a substantial outflow of 97,000 BTC, worth $10.6 billion, occurred, which was the largest daily spending by LTHs in 2025. This event coincided with Bitcoin’s price dipping below $108,000, leading some to interpret it as uncertainty.
However, this trend quickly reversed. On September 17, 2025, LTHs recorded a significant inflow of 29,685 BTC, approximately $3.4 billion, into accumulation addresses via over-the-counter (OTC) transactions. This rapid shift from selling to buying, particularly through OTC deals, highlights a strategic move by these holders to consolidate positions. It indicates that the price correction was viewed as an attractive entry point, suggesting a robust long-term bullish outlook despite short-term volatility.

Parameters
- Long-Term Holder (LTH) Definition ∞ Bitcoin held for more than 155 days.
- Early September Outflow ∞ 97,000 BTC ($10.6 billion), largest daily LTH spending in 2025.
- Recent Daily Inflow (September 17, 2025) ∞ 29,685 BTC ($3.4 billion), second-largest daily LTH accumulation this year.
- Transaction Method ∞ Primarily over-the-counter (OTC) transactions.
- Price Context ∞ Accumulation occurred after BTC dipped below $108,000.

Outlook
This renewed accumulation by long-term Bitcoin holders suggests a resilient market where significant price dips are met with strong buying interest from experienced investors. This behavior, coupled with ongoing institutional interest and record inflows into Bitcoin ETFs, points to a maturing market. Readers should watch for sustained LTH accumulation during future price corrections as a confirming signal that this bullish sentiment persists. Conversely, a significant and prolonged increase in LTH outflows without subsequent inflows could signal a shift in this trend.

Verdict
Long-term Bitcoin holders are actively accumulating, signaling strong conviction in Bitcoin’s enduring value after recent price corrections.
Signal Acquired from ∞ ainvest.com