The Bitcoin ($BTC) ecosystem is making positive progress along with the transition to supply from short-term holders to long-term holders. Data from Axel Adler Jr. shows that over the past 16 days, short-term Bitcoin holder supply has been soaked at nearly $359,000 in BTC, showing bullishness. Prominent Crypto analysts used social media to share insights into the ongoing, powerful holder convictions.
Over the 16 days (April 4-21), supply from short-term holders fell by about 359k BTC, indicating the maturation of the coin and the transition to the LTH category (positive holder signal).
Over the past two days, Sth-Supply added 70K BTC. This represents …pic.twitter.com/fslvnviqmk
-axel💎Adler Jr (@axeladlerjr) April 26, 2025
Bitcoin shows bullish LTH behavior, looking at the integration of STH supply
Axel Adler’s analysis reveals that the $BTC supply held by short-term holders means a DIP of 359K$BTC. This significant reduction illustrates the maturation procedure as some coins have moved from short-term holders to long-term holders. In line with historical data, the development highlights bullish indicators that show absorption of a resilient market.
The shift has been tentatively reversed over the past few days amid a small-priced rally. This means that some long-term holders have redistributed $BTC coins to the latest market participants. However, regardless of this inflow, the market appears to be effectively absorbing new supply.
Effective absorption of new diversified coins indicates a resilient market situation
At this point, Bitcoin prices are significantly above the overall realised price of the short-term holder, which is currently at $92,200. It is extremely important to maintain a level above this mark, pointing out that STH is currently in profit. This reduces the likelihood of sudden sales and enhances the stability of the wider market. Overall, short-term holder integration and effective absorption of decentralized coins alone emphasize Bitcoin’s resilience in the current situation.
