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Bitcoin long-term holders shift to net accumulation, signaling renewed demand amid price recovery above $60,000.

Protocol Fundamentals
02 Jul 2026
Coindesk
View Source
Bullish
pluang ai news

Bitcoin long-term holders, defined as wallets holding coins for over 155 days, have moved from net distribution to net accumulation, indicating renewed demand for the cryptocurrency. This shift is driven mainly by smaller and mid-sized wallets, while the largest whale wallets remain mostly neutral. Bitcoin's price has recovered above $60,000 after recent lows, and the broad accumulation trend suggests growing confidence, though analysts caution it is too early to confirm a full accumulation phase without larger holders joining in. This behavior historically signals potential for longer-term market recovery.

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