Bitcoin Mid-Term Holder Activity Hits 3-Year Low as Confidence Grows

In Brief:

3–6 month BTC holders are trading less, signaling confidence.

Activity drops to the lowest level since June 2021, according to Glassnode.

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Bitcoin holders in the 3 to 6-month category are showing the strongest signs of conviction since mid-2021, according to new data from Glassnode. This group—on the verge of becoming long-term holders—has seen their profitability increase, yet instead of selling, they’re holding firm.

Analysts note that these holders mostly entered positions at higher price levels. With their assets now in profit and holding times nearing the 6-month mark, their behavior suggests reduced panic selling and more strategic accumulation.

Trading activity among this group has dropped to its lowest point since June 2021, indicating a significant decrease in short-term speculation. This shift is further reinforced by the behavior of new whale addresses, which are choosing to maintain their BTC positions rather than exit.

This collective reduction in sell pressure is helping to stabilize Bitcoin’s price, offering a stronger floor even as the broader market navigates macroeconomic uncertainty.

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