BroadChain learned that at 14:30 on April 24, according to Bitcoinist, based on CryptoQuant data, over the past month, the supply of Bitcoin long-term holders (LTH, holding for over 155 days) has increased by 303,500 BTC, with the 30-day net flow remaining positive, indicating that coins are accelerating toward this group. Previously, LTHs had been continuously net distributing in the second half of 2025 and intensified selling during the Q4 price decline; since January 2026, HODLing behavior has gradually recovered during the consolidation phase after the February crash.
During the same period, the supply of short-term holders (STH) naturally declined, while spot ETFs and Strategy increased their holdings by 16,800 and 53,000 BTC, respectively. CryptoQuant noted, "Bitcoin supply is moving to stronger hands."
However, CryptoQuant research head Julio Moreno stated that this rebound lacks spot demand support, with the recent BTC price increase entirely driven by the perpetual contract market. He warned that if traders take profits while spot demand continues to shrink, there is a risk of a pullback. As of press time, BTC is trading at approximately $77,600, with a weekly gain of 4%.