Long-term Bitcoin holders quietly rebuild positions

[mendez]

Despite January’s sharp Bitcoin sell-off, on-chain data suggests long-term holders are steadily accumulating.

Wallets holding BTC for more than 155 days began increasing supply during the downturn, while the Long-Term Holder Spent Binary indicator continued to decline. Historically, this combination has appeared near durable Bitcoin market bottoms.

A similar pattern followed the April 2025 lows, when long-term accumulation preceded a roughly 60% BTC rebound one month later.

Analysts say the January reset may be allowing patient investors to rebuild positions—often a key ingredient in forming a stronger foundation for future Bitcoin gains.

[bonk]

looks like the hodlers are quietly stacking while everyone panics, classic btc vibes