According to an April 6 report from Binance, long-term holders of Bitcoin have returned to active coin accumulation, which may signal the start of a new bull phase. CEO of the exchange Richard Teng confirmed: since mid-February, experienced investors have been steadily building up their positions. Historically, such a model emerged in the early stages of market recovery, preceding broader bull-like momentum.

Long-term holder behavior (LTH) plays a key role in shaping Bitcoin’s market cycles. Earlier, in December 2023 and October 2024, the reduction of supply by LTH after peak values signaled the start of a bull trend. However, in the current cycle, holders not only do not record profits but continue to expand their positions even after a significant adjustment. This suggests that coins are increasingly being blocked rather than thrown into the market.

Accumulation by long-term members reduces available supply and creates favorable conditions for growth. According to Binance analysts, the market is rebooting and laying the groundwork for a new accumulation cycle.

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The material is prepared solely for informational purposes and does not constitute a financial advice or recommendation.