news 
Title: 800K Bitcoin A Month: Long-Term Holders Fuel Unprecedented Holding Spree
The ongoing rally of Bitcoin has led to a surge in the number of long-term holders fueling an unprecedented holding spree. Recent data from CryptoQuant reveals that these seasoned investors have added a staggering net 800,000 BTC over the past month.
It is essential to note that this phenomenon has only occurred six times before. These results further strengthen the notion that such faith and confidence in Bitcoin’s potential for long-term growth have never been seen before in its history.
As reported by CryptoQuant, similar spikes in LTH supply were observed in July 2021 and September 2024. In each of these instances, significant price jumps followed shortly after.
Source: bitcoinist.com
