Bitcoin long-term holders hit a historic high and keep accumulating. Last week, we saw that bitcoin:native long-term holders had reached a historic high. Now, just one week later, not only have they not decreased, but they've actually increased—adding nearly 50,000 Bitcoin in just seven days. This shows that more and more BTC and BTC holders aren't too interested in short-term price fluctuations. Combined with the high-net-worth investor holding data we looked at earlier, it's clear that more Bitcoin is flowing into the hands of investors who aren't short on cash and are willing to hold long-term. These individuals didn't give up their positions when BTC hit new highs, and they're even less likely to sell when prices dip. Of course, short-term price movements are still determined by short-term holders, and this group still holds a significant amount—especially in times of poor liquidity. What drives short-term holders' buying and selling remains tied to U.S. macroeconomic trends, as well as economic and political developments.