Long-Term Holders Regain Buying Confidence: Is Bitcoin Poised for a Rebound?

After eight consecutive months of net selling, Bitcoin's long-term holders (LTH) have finally returned to net buying, with buying intensity reaching its highest level since the summer of 2025. This shift may signal a significant turning point in market sentiment.

According to CryptoQuant's long-term holder supply change data, between June and July 2025, the price of Bitcoin climbed from $95,000 to $105,000, with net monthly purchases reaching as high as 20,000 BTC. Subsequently, the market entered a correction phase, and LTH began continuous selling from August 2025 onwards. The selling pressure peaked in November and December when the price fell from $108,000 back to $80,000. This trend continued until February 2026, when the Bitcoin price briefly dipped to the $63,000–$65,000 range. However, entering late February to early March 2026, the chart color turned from red to green, and the net LTH purchases in the past 30 days rebounded to approximately 7,400 BTC, reaching a level comparable to July 2025. This data is clearly marked by the green reference line in the chart, marking the first time since last summer that long-term funds of this magnitude have returned. Long-term holders are defined as users whose Bitcoin addresses have not been moved for at least 155 days. Unlike short-term traders, their decisions are based on longer-term value judgments. Typically, they sell when prices rise and buy when prices are low, and are considered an important indicator of market bottoms. The eight-month selling cycle, from $108,000 all the way down to $63,000, may be nearing its end. The renewed buying in the current price range ($65,000–$73,000) suggests that this group believes the market has entered a value zone, rather than a stage for further reduction. Notably, the last time a similar intensity of LTH buying occurred, it was a prelude to Bitcoin surging to an all-time high. While history does not simply repeat itself, this signal provides a valuable background reference for the market.