Long-term Bitcoin holders (LTH) are showing strong signs of accumulating more digital assets, leading to significant changes in the market. The consistent increase in long-term holder accumulation since late February 2025 will involve growth in the ratio of Bitcoin held by long-term holders and short-term holders. As this trend is gaining momentum, analysts are closely watching the impact Bitcoin has on market dynamics.
Long-term #BITCOIN holders have been steadily accumulating since February 23rd. The accumulation rate of 30D is close to 6%, and the rate of this change is also increasing. It has shown an average daily increase of 7% since late February. pic.twitter.com/ierd4fefuc
– GlassNode (@GlassNode) March 24, 2025
According to GlassNode, since February 23, 2025, long-term Bitcoin holders have been steadily accumulating assets, with the accumulation rate currently approaching 6%. This indicates a significant change from previous trends where accumulation rates were less pronounced. Even more interesting, the accumulation rate has shown a consistent increase, with an average daily average of around 7% since late February.
This surge in accumulation occurred when Bitcoin prices were steadily growing. In particular, as macroeconomic factors and the overall cryptocurrency market continues to evolve, the growing interest from long-term holders suggests confidence in the potential for long-term value retention.
Outlook for long-term and short-term holders
A key indicator of this market shift is the increase in supply rates between Bitcoin held by long-term and short-term holders. The ratio, currently at 3.53, reflects the market where long-term holders currently control a significant percentage of Bitcoin supply compared to short-term traders. This ratio reached its lowest point on February 6th, but has been rising sharply since March 14th.
The rate of change in the supply ratio between long-term and short-term holders is increasing at an average daily rate of 0.42%. If this trend continues at its current pace, the ratio is expected to reach a previous peak of 5.53 by July 9, 2025. This projection is based on current acceleration, suggesting that long-term holders continue to rapidly increase their control over Bitcoin supply.
The recent price rise of Bitcoin may be contributing to driving this change in holder dynamics. As more investors become more confident in the future of their assets, long-term holders accumulate more, and short-term traders gradually move away from the market. This could indicate a broader trend in which Bitcoin is moving from trader speculative assets to more stable value storage for long-term investors.
As the long-term to short-term holder ratio continues to increase, the Bitcoin market landscape may change. This shift could have a major impact on price trajectory in the coming months, especially if the current trend is stable. A continuous increase in long-term holder accumulation, coupled with the proportion of Bitcoin held by long-term holders, can confirm that Bitcoin may enter a stage of relative stability and pave the way for another Bull Run in the second half of 2025.
