Analyst: Long-term Bitcoin holders' net position continues to increase, and market turnover rate decreases

CycleProphet · 2026-02-27T07:31:39+00:00

As of February 26, the net position of long-term Bitcoin holders continues to grow. Data shows that recently, long-term holders' Bitcoin has been spent, while short-term holders are converting to long-term holdings. Despite decreased market liquidity, selling pressure has weakened.

CycleProphet

2026-02-27 07:31:39

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Deep Tide TechFlow News, February 27 — According to on-chain analyst Murphy (@Murphychen888), as of February 26, the net position of Bitcoin long-term holders (LTH) continues to increase.

Data shows that between February 13 and February 26, a total of 14,127 Bitcoins held by long-term investors were spent, while 19,798 Bitcoins shifted from short-term to long-term holdings. After offsetting positive and negative changes, the net remains positive, indicating that both long-term and short-term holdings are decreasing through turnover. Although market liquidity has decreased, selling pressure has also eased.

BTC-2.47%

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