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Graph showing the rebound in Bitcoin long-term holder supply to 14.3 million BTC, indicating a market shift.

Bitcoin Long-Term Holder Supply Rebounds to 14.3 Million BTC, Signaling Potential Mid-Cycle Reset

February 11, 2026 j n

Global, May 2025: A significant shift in Bitcoin’s foundational investor base is unfolding. On-chain data reveals the supply held by long-term holders (LTHs) has rebounded to approximately 14.3 million BTC, halting a multi-month distribution phase. This reversal in accumulation behavior is a critical on-chain signal that analysts are scrutinizing for clues about the broader market […]