[Analyst: Bitcoin's Rise Slightly Boosts Long-Term Holder Activity, Overall Still Relatively Calm in 2026] BlockBeats News, September 13, CryptoQuant analyst Darkfost stated in a post that this cycle might be the most active cycle for Bitcoin long-term holders (LTH). By observing changes through the CDD (Coin Days Destroyed) heatmap, this metric tracks the number of days BTC is held before being spent or transferred; long-term holders transferring BTC is usually associated with selling intentions. The increased LTH activity in this cycle may be attributed to the spot ETFs and companies establishing Bitcoin treasury reserves, which have brought more market liquidity. However, the rise in CDD does not only occur at market peaks; it may also reflect capitulation behavior by some holders. He added that Coinbase previously transferred 800,000 BTC, with a significant portion of the tokens held for over six months. Such asset migrations can also cause a short-term rise in CDD but are considered isolated events. Currently, with Bitcoin's recent price increase, LTH activity has slightly risen, possibly due to some holders seeking quick profits. However, overall, related activity in 2026 is still expected to remain relatively calm, as long-term holders continue to wait. [Original Link]