Bitcoin Long-Term Holders Are Buying Again — Can They Push BTC Price Higher?
Bitcoin is experiencing a recovery after a poor start to the week, with a strong rally noted as the weekend begins. On-chain data indicates that long-term holders (LTHs) are becoming more active, as evidenced by a positive shift in the Long-Term Holder Net Position Change metric. This metric tracks the net change in Bitcoin supply held by LTHs over 30 days. Previously, LTHs had been offloading Bitcoin, with a negative position change since late October 2024, peaking at 827,750 BTC on December 5, 2025. However, as of April 6, 2024, the metric turned positive, coinciding with a 12% price increase, bringing Bitcoin above $81,000. Currently, Bitcoin is valued at approximately $83,400, marking a nearly 5% rise in the last 24 hours. Caution is advised as sustained momentum from long-term investors is needed for a significant rally.
