Bitcoin ownership shifts as short-term holders exit and long-term investors accumulate

Bitcoin (BTC) has seen a sharp shift in ownership behavior amid a recent 15% price drop, according to CryptoQuant analyst Onchained. Short-term holders are capitulating, realizing losses and exiting the market, while long-term holders are accumulating aggressively. On-chain data shows a $10 billion transfer from weak to strong hands, suggesting a structural shift that often signals the end of corrections or the start of recovery.