Bitcoin’s "Strong Hands" Resurface: Long-Term Holder Supply Hits 9-Month High

Bitcoin’s on-chain dynamics are shifting from short-term panic to long-term patience as over 316,000 BTC moved into "strong hands" over the last 30 days.

Accumulation Gains Momentum

New data from CryptoQuant reveals that Bitcoin’s Long-Term Holder (LTH) supply has climbed back to 15.26 million BTC. This recovery brings LTH holdings to levels last seen in August 2025, signaling a major reversal from the distribution phase that dominated the late months of last year. Investors who have held their assets for at least six months—often referred to as "strong hands"—are currently absorbing supply at a rapid pace, showing little reaction to recent price volatility around the $80,000 mark.

Market Resilience and Support Levels

Market analysts, including Michaël van de Poppe, suggest that despite global macroeconomic concerns and Middle East tensions, Bitcoin is showing significant resilience. While some traders fear a breakdown, the price continues to hold above $76,000. Experts point to the BTC/Gold RSI hitting historical lows as a signal that typically precedes strong Bitcoin growth phases rather than the start of a bear market.

Looking Ahead to Key Thresholds

The market is closely watching May 23rd as a pivotal date for on-chain metrics. This date marks the six-month threshold for a massive move of 800,000 BTC previously tracked from Coinbase. As these coins officially age into the "long-term holder" category, the reclassification is expected to further tighten the available supply, potentially providing a solid floor for Bitcoin’s next leg up. Currently, maintaining the 200-week moving average remains the critical priority for preserving the current bullish cycle.