ChainCatcher news, long-term holders of Bitcoin increased their holdings by 262,000 BTC in August, bringing their total holdings to 14.82 million BTC, which accounts for 75% of the total supply."Top holders" are also staying low-key, with 7 out of the top 10 anonymous Bitcoin wallets having been inactive for over two years, holding 237,816 BTC (worth $14.04 billion), which represents 1.2% of the circulating supply.

ChainCatcher message, CryptoQuant posted on X that in the past 30 days, the supply held by long-term holders has increased by 262,000 BTC, and this group now holds 14.82 million BTC, accounting for 75% of the total supply.

ChainCatcher news, as reported by Bitcoin Magazine, during the recent market downturn, long-term Bitcoin holders bought over 184,500 BTC, worth $11.1 billion.

ChainCatcher message, CryptoQuant analysts stated: "Bitcoin whales have been increasing their holdings at a monthly growth rate of 6.3%, the fastest pace since April 2023, indicating a rising demand for Bitcoin."CryptoQuant reports that due to the ongoing growth of stablecoin liquidity not fully unfolding, Bitcoin prices may take longer to bottom out and start a new upward trend.

ChainCatcher news, IntoTheBlock released a report indicating that data shows Bitcoin long-term holders began selling in January, while Ethereum long-term holders are still accumulating. Currently, 27.5% of Ethereum's total market cap supply is staked, with 16.3% of staked ETH being re-staked through protocols like Eigenlayer. This highlights the strong demand for native yields among ETH holders. Additionally, long-term holders may be waiting for Ethereum ETF approval and a new all-time high before deciding to sell.IntoTheBlock states that as market prices rise, long-term holders begin to sell the assets they have accumulated over time. Historical data shows that this profit-taking typically starts in the early stages of a bull market and continues until after the cycle peak, so monitoring this activity helps to more accurately estimate market peaks.

ChainCatcher news, according to Glassnode's report, long-term Bitcoin holders have begun to re-enter accumulation mode for the first time since December 2023 after months of selling, indicating that volatility is needed to drive a new wave of selling.Analysts also pointed out that Bitcoin's price movements over the past three months have been more moderate than in previous bull market cycles. According to Glassnode's data, in the past three months, Bitcoin's weekly, monthly, and quarterly gains exceeded 3.3%, 7.4%, and 25.6% respectively, with only 5 days of such gains in the past 90 days. In previous cycles, this number reached 18 to 26 days, suggesting that the current market may be more cautious compared to historical bull markets.