đ Bitcoin: Long-Term Holder Net Position Change â 30D Sum
đ¶ Overview:
This chart shows how long-term Bitcoin holders are accumulating or distributing their BTC over a 30-day period.
đ Key Insights:
đ¶ Price Trend (Blue Line):
BTC price has been trending upwards from $60K (Oct 2024) to above $115K (Jul 2025).
đ¶ Accumulation Phase (Green Bars):
Significant accumulation started in April 2025, peaking in June 2025 with nearly +1M BTC (30D Sum) added by long-term holders.
This strong accumulation coincided with a sharp price increase.
đ¶ Distribution Phase (Red Bars):
Heavy distribution occurred between Nov 2024 â Mar 2025, with a net change of around -750K BTC (30D Sum), which caused downward price pressure.
Recently, a small distribution signal is emerging (Jul 2025), indicating some profit-taking at the top levels.
đ¶ Market Implication:
If the negative red bars grow, we may see short-term corrections.
However, the current $BTC price remains bullish, supported by previous strong accumulation.
đĄ Conclusion:
Long-term holders' activity shows that accumulation drives rallies, while distribution phases often trigger pullbacks. Monitoring this indicator is crucial for predicting Bitcoinâs next move.