Bitcoin, Long-Term Holdings Reach All-Time High..."Diamond Hands Explode to Record Levels"

▲ Bitcoin (BTC)/AI generated image

The supply of Bitcoin (BTC) held by long-term holders has reached an all-time high of 14.8 million BTC. On-chain metrics show that the volume of Bitcoin held by investors for more than 155 days has increased to a record level, leading to an analysis that investor confidence in holding rather than selling is strengthening despite market volatility.

Bitcoinist reported on the 12th that the supply of Bitcoin held by long-term holders hit an all-time high, citing an analysis by on-chain and cycle analyst Root. A long-term holder refers to an investor who has held Bitcoin without moving it for more than 155 days. Generally, the longer the holding period, the less likely the coins are to be moved, so this group is classified as investors with a strong holding tendency in the market.

The holder groups in the Bitcoin network are divided into long-term holders and short-term holders based on their holding period. Short-term holders are considered "weak hands" who are more sensitive to price fluctuations due to their short holding period, while long-term holders belong to the "strong hands" group often referred to as "diamond hands."

According to the chart shared by Root, the supply held by long-term holders decreased in the second half of 2025. At that time, long-term holders realized profits from their extended holdings, and some fear-driven capitulation selling also occurred during the Bitcoin price decline. However, after Bitcoin formed a bottom around February, the trend of this indicator reversed again.

Since then, the supply held by long-term holders has steadily increased, recently reaching 14.8 million BTC, setting a new all-time high. This was presented as a signal that Bitcoin investors are strengthening their holding tendencies despite short-term price fluctuations.

However, an increase in the supply held by long-term holders does not necessarily imply immediate ongoing buying. Since the long-term holder metric only includes Bitcoin held for at least 155 days, the recent increase should be interpreted as a result of past purchased volumes being incorporated into the long-term holding criteria, rather than new accumulation happening now. Conversely, selling is reflected in the indicator immediately because the holding period is reset as soon as coins are moved.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. This content should be interpreted for informational purposes only.*