Analyst: The net position of long-term Bitcoin holders continues to maintain net growth

SmartContractAuditor · 2026-02-27T08:41:24+00:00

Odaily Planet Daily reports that on-chain analyst Murphy disclosed that as of February 26, the net holdings of LTH still maintained a net increase; the specific details are as follows (from February 13 to February 26):1. A total of 14,127 BTC from LTH were traded;2. At the same time, 19,798 BTC from STH were converted to long-term holdings.After offsetting the positives and negatives, the overall change remains positive, indicating that both long-term and short-term holdings have decreased due to turnover, with speculative funds exiting and long-term funds being reluctant to sell. Although this also reduces liquidity, the selling pressure has also weakened.

SmartContractAuditor

2026-02-27 08:41:24

Odaily Planet Daily reports that according to on-chain analyst Murphy, as of February 26, the net holdings of LTHs still show a net increase; the details are as follows (from February 13 to February 26):

A total of 14,127 BTC from LTHs were traded;
Meanwhile, 19,798 BTC from STHs were converted to long-term holdings.

After offsetting positive and negative changes, the overall remains positive, indicating that both long-term and short-term holdings have decreased through turnover. Speculative funds are exiting, long-term holders are holding firm. Although liquidity has decreased, selling pressure has also weakened.

BTC-4.71%

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