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Analyst: Bitcoin Long-Term Holders' Net Holdings Continue to Show Net Growth

2026-02-27 07:34

Odaily According to on-chain analyst Murphy, as of February 26th, the net change in LTH holdings still shows net growth. The specific details are as follows (from February 13th to February 26th):

1. A total of 14,127 BTC held by LTHs were traded;

2. Meanwhile, 19,798 BTC held by STHs transitioned to long-term holding.

After offsetting the positive and negative factors, the result remains positive. This indicates that both long-term and short-term holdings have simultaneously reduced their turnover. Speculative capital has exited, while long-term funds are reluctant to sell. Although this also reduces liquidity, selling pressure has simultaneously weakened.