Bitcoin Price (BTC) News: Everyone’s Accumulating
July 9, 2025
BTC
$108,579.50
+
0.89%
ETH
$2,637.83
+
3.93%
USDT
$1.0001
–
0.00%
XRP
$2.3562
+
3.96%
BNB
$660.50
+
0.75%
SOL
$153.38
+
2.80%
USDC
$0.9999
–
0.00%
TRX
$0.2874
+
0.48%
DOGE
$0.1714
+
2.76%
ADA
$0.6037
+
5.59%
HYPE
$38.87
+
4.31%
SUI
$2.9267
+
2.96%
BCH
$507.30
+
0.95%
WBT
$45.53
+
1.92%
LINK
$13.94
+
5.16%
XLM
$0.2883
+
15.58%
LEO
$9.0239
–
0.41%
AVAX
$18.43
+
3.35%
HBAR
$0.1677
+
5.80%
SHIB
$0.0₄1197
+
3.29%
Door James Van Straten, AI Boost|Bewerkt door Stephen Alpher
Bijgewerkt 9 jul 2025, 1:33 p..m.. Gepubliceerd 9 jul 2025, 1:08 p..m.. Vertaald door AI
- LTH supply has increased by 13,000 BTC since June 22, reaching an all-time high of 14,713,345 BTC.
- At the same time, STHs have grown their BTC holdings by over 60,000 BTC, now totaling more than 2.3 million BTC, signaling optimism across the board.
As bitcoin
continues a now multi-week consolidation just below its all-time high of $112,000, an interesting accumulation phenomenon is occurring.
Both short-term and long-term holders have been increasing their stacks as distinct cohorts, which is unusual because these groups typically act in opposite directions, according to Glassnode data.
STORY CONTINUES BELOW
The chart below from Glassnode illustrates the 155-day threshold used to classify coins as belonging to Long-Term Holders (LTH) or Short-Term Holders (STH).
Since June 22, the LTH supply has increased by 13,000 BTC, returning to an all-time high of 14,713,345 BTC. Meanwhile, over the same period, STHs have grown their BTC supply by more than 60,000 BTC and now hold over 2.3 million BTC.
According to Glassnode data, LTH and STH cohorts usually diverge because LTHs often sell into bull market strength, while STHs tend to buy amid market greed and euphoria.
This alignment suggests that both groups of market participants are expecting higher prices. If both cohorts continue increasing their supply, there is a strong possibility that all-time highs will be surpassed.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin’s role within the broader financial system.
In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin and Strategy (MSTR).
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
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