📈 Bitcoin Long-Term Holders Make History with Record 800K BTC Stacking 🚀

*Introduction*

In a remarkable display of confidence in the world's leading cryptocurrency, Bitcoin long-term holders have increased their holdings by a record 800,000 BTC in just 30 days. According to data from CryptoQuant, this unprecedented accumulation underscores the strong bullish sentiment among long-term investors. In this article, we'll delve into the details of this record-breaking hodl run and explore its implications for the Bitcoin market. 📊

*The Record-Breaking Hodl Run*

Bitcoin long-term holders (LTHs) have been accumulating coins at an unprecedented rate, with a net increase of 800,000 BTC in the past month. This marks a new record for the cryptocurrency, highlighting the growing conviction among long-term investors. 📈

*Key Statistics:*

- *800,000 BTC:* The record number of coins accumulated by LTHs in 30 days 📊
- *6 times:* The number of times Bitcoin's 30-day LTH supply increase has exceeded 750,000 BTC in its history 🔥
- *$93,000 - $107,000:* The potential support zone for Bitcoin based on the cost basis of coins entering the LTH category 💰

*What Does This Mean for Bitcoin's Price?*

The significant accumulation of Bitcoin by long-term holders suggests a strong bullish sentiment, which could potentially drive the price higher. However, the market's short-term holders (STHs) also play a crucial role in determining the price action. 🔮

*Support Levels:*

- *$98,000 - $93,000:* The critical support zone for Bitcoin, according to Glassnode 📊
- *$100,000:* The aggregate cost basis for STHs, which often acts as support during bull market corrections 💸

The record-breaking accumulation of Bitcoin by long-term holders is a testament to the growing confidence in the cryptocurrency's potential. As the market continues to evolve, it's essential to monitor the support levels and market sentiment to make informed investment decisions. 📈💡

*Stay Informed*

Stay up-to-date with the latest market news and analysis to make informed trading decisions. 📊

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. #BTC ，#