BTC Long-Term Holder Net Position Hits All-Time High, Signaling Potential Bear Market Bottom

BitcoinJun 19, 2026

Analysis shows Bitcoin long-term holder net position has reached a new all-time high, a metric historically associated with bear market bottoms. The accumulation signal suggests seasoned holders are absorbing supply at current levels.

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Analysis: BTC Long-Term Holder Net Position Reached New All-Time High, Bear Market Bottom May Be Near · lookonchain.com · T2

Story timeline · 8 entries

Jul 23, 2026
BTC STH Cost Basis $68,800 Resistance
Short-term holder cost basis of $68,800 identified as key resistance after nine consecutive months of realized losses
Jul 23, 2026 1 clip
Bitcoin Whales Keep Accumulating
1K–10K BTC holder cohort confirms continued accumulation at current prices alongside reported 17% discount buying
Jul 21, 2026 1 clip
BTC Spot Demand Diverges From ETFs
Bitcoin spot demand remains weak and new capital hesitates even as ETF inflows extend into a second consecutive positive week
Jul 19, 2026 1 clip
LTH Accumulate 371K BTC in 30 Days
Long-term Bitcoin holders add 371,000 BTC over 30 days, with ETF and treasury buyer demand remaining subdued during the accumulation period
Jul 18, 2026 2 clips
Whales Accumulate Bitcoin at Lows
Whales acquire 270,000 BTC at $59K as long-term holders add 371,000 BTC in 30 days, deepening supply squeeze
Jun 25, 2026
Long-Term Holders Control Record 79% Supply
LTH supply share reached a new all-time high of 79%, extending the multi-month low in LTH spending reported on June 24.
Jun 24, 2026
Long-Term Bitcoin Holders Go Quiet
Long-term holder spending at 19-month low with 962 BTC recorded; multi-year holder selling also at 19-month low.
Jun 19, 2026This story
BTC Long-Term Holders Hit ATH Net Position
BTC long-term holder net position reaches all-time high, suggesting bear market bottom forming