BTC long-term holders resume accumulation, Bitfinex says

The holdings of Bitcoin long-term holders (LTHs) are beginning to rise again after several months of decline, suggesting the recent market peak and subsequent drop may have been a mid-cycle correction, Bitfinex said on its official X account. The exchange noted that total LTH holdings have slightly increased to 14.3 million BTC. Historically, LTH accumulation has preceded BTC price rallies by about three to four months during past bull markets. Bitfinex added that if this accumulation trend continues, it would support the view that the current market is undergoing a correction within a broader cycle, rather than declining from a definitive top.