Home web3.0 Tldr

Tldr

May 03, 2025 am 11:14 AM

Since the recent market correction, Bitcoin's long-term holders have increased their supply by approximately 254,000 BTC. This trend reflects rising confidence as large holders accumulate at higher price levels.

Tldr

After the recent market correction, Long-Term Holder (LTH) supply has increased by about 254,000 BTC. This continues to highlight how confidence is returning as the largest entities are accumulating at higher prices. Most of this BTC was bought at or above $95k, despite the recent volatility.

As a result, this price zone has become a strong support level, with whales showing little interest in reducing their exposure. The sustained accumulation signals strong belief in Bitcoin’s long-term growth prospects. This behavior suggests that LTHs are positioning for further gains rather than attempting to de-risk.

Moreover, the light selling activity showcases a lack of exit behavior, even after Bitcoin reached highs above $100,000. This hints at an anticipation of another leg higher. As such, the continued accumulation strengthens the current price floor.

Bitcoin Distribution Patterns Show Strong Support Below $99K

Data from LTHs shows increased activity when unrealized profits approach 350% of the cost basis. Based on past behavior, selling pressure increases as gains reach high levels. This 350% profit zone aligns with a BTC price near $99,900.

“Historically, LTHs begin distributing more aggressively around a 350% unrealized profit margin, which aligns with a $BTC price of ~99.9k. As the market approaches this level, increased sell-side pressure is likely, requiring strong demand to absorb it.”

As the market approaches this level, increased sell-side pressure is likely, requiring strong demand to support further upward movement. Price performance near this zone will determine the next momentum phase.

Besides, the chart tracks previous distribution events when profits surged or dropped significantly. These trends outline a clear path where major selling can emerge. Therefore, if BTC reclaims $99K, a breakout will depend on fresh demand.

BTC Chart Highlights Strong Whale Accumulation Near $95K

The URPD chart shows large BTC clusters purchased between $95,000 and $98,000. This area has now become a significant resistance level. Many holders may sell once the price returns to their breakeven zone.

Above $100,000, historical supply is thinner, creating a light resistance cluster. If Bitcoin clears the $98,000 range, this opens a path for price discovery. Whales dominating this zone add significant weight to this level.

Consequently, overcoming this resistance depends on market strength and continued demand. However, as LTHs are in profit, higher volatility could emerge. Sustaining gains above $100K will rely on new capital inflows.

News data source: kdj.com

The above is the detailed content of Tldr. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1655
14
PHP Tutorial
1252
29
C# Tutorial
1226
24
'Notorious” Conor McGregor Launches Cryptocurrency Venture, Promises to 'Change the CRYPTO Game” With His $REAL Coin 'Notorious” Conor McGregor Launches Cryptocurrency Venture, Promises to 'Change the CRYPTO Game” With His $REAL Coin Apr 06, 2025 am 10:14 AM

“Notorious nearly never happened. You want the real story? The McGregor story could've been about the lad who never left Dublin. I manifested greatness…”

BlockDAG (BDAG) Breaks Records With 2,380% Presale Price Jump, Outpacing Dogecoin (DOGE) and Kaspa (KAS) BlockDAG (BDAG) Breaks Records With 2,380% Presale Price Jump, Outpacing Dogecoin (DOGE) and Kaspa (KAS) Apr 04, 2025 am 10:16 AM

With crypto gaining traction again, three names are catching serious attention—Kaspa (KAS), Dogecoin (DOGE), and BlockDAG (BDAG)

Troller Cat ($TCAT) Is the Next Big Meme Coin Project You Need to Watch Troller Cat ($TCAT) Is the Next Big Meme Coin Project You Need to Watch Apr 04, 2025 am 11:22 AM

Ever wondered what makes meme coins soar to the moon and capture the imagination of millions? From massive returns to viral online communities

Partnership will introduce a smart launchpad, decentralized exchange, influencer marketplace, and decentralized AI infrastructure with tools for improving token launches and measuring market performan Partnership will introduce a smart launchpad, decentralized exchange, influencer marketplace, and decentralized AI infrastructure with tools for improving token launches and measuring market performan Apr 04, 2025 am 11:18 AM

This collaboration combines Generative Mind's advanced AI capabilities with Waterfall's decentralized infrastructure to develop innovative, transparent, and efficient Web3 solutions.

EOS Price Defies the Market Crash:  46% in a Week! EOS Price Defies the Market Crash: 46% in a Week! Apr 04, 2025 am 10:20 AM

While Bitcoin and the broader crypto market are under pressure, EOS is showing unexpected strength

Silver Will Surpass Both Gold and Bitcoin in Value Silver Will Surpass Both Gold and Bitcoin in Value Apr 04, 2025 am 11:16 AM

Silver has expanded its market reach within industrial sectors, leading to unprecedented increases in global demand. In Robert Kiyosaki‘s eyes, the market transition will cause silver to surpass both gold and Bitcoin in value.

Dogecoin (DOGE) Price Plummets 17% Dogecoin (DOGE) Price Plummets 17% Apr 08, 2025 am 11:20 AM

The Dogecoin price plummeted 17% in the last 24 hours to trade at $0.1365 as of 4.30 a.m. EST on trading volume that skyrocketed 271% to $2.24 billion.

Zcash (ZEC) Reaches a High of $35.69 as a Record Amount of Tokens Move Out of Circulation Zcash (ZEC) Reaches a High of $35.69 as a Record Amount of Tokens Move Out of Circulation Apr 09, 2025 am 10:36 AM

Zcash was one of the top gainers during the latest market rally, reaching a high of $35.69 as traders moved a record amount of tokens out of circulation.