Bitcoin analysis from CryptoQuant shows long-term holdings increasing since October 2024, with over 12.4 million BTC held for more than one year. The 30-day change has remained positive since mid-December, indicating a shift from distribution to accumulation. Darkfost said the trend reflects stronger Bitcoin news signals, signaling a move from speculation to long-term conviction. He added that the trend is still in its early stages and may take time to solidify.

Odaily Planet Daily reports that CryptoQuant analyst Darkfost said the current Bitcoin market is entering an early stabilization phase, with long-term holding behavior gradually increasing, indicating that market structure may be shifting.

Data shows that since October, the number of BTC held for over a year has increased from approximately 12 million to about 12.4 million. Although the growth remains modest, it reflects a shift in market behavior toward long-term holding. Since mid-December, the 30-day change has remained consistently positive, indicating that investors are more inclined to hold onto their coins rather than distribute them.

Darkfost noted that this shift typically indicates the market is transitioning from a speculative-dominated phase to one characterized by stronger long-term conviction. Historically, the proportion of long-term holders tends to decline noticeably at market peaks and gradually recover during bear markets; thus, the current trend can be seen as an early signal of market stabilization.

However, he emphasized that this indicator reflects long-term trends and typically requires considerable time to form a clear pattern, and it is still in its early stages.

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