According to on-chain analyst AltcoinGordon, Bitcoin long-term holders have entered a phase of “heavy accumulation.” This behavior, shown in CryptoQuant’s Long-Term Holder Net Position Change chart, indicates a substantial net positive inflow of BTC into long-term wallets.
Such accumulation phases often precede large price moves or reflect conviction in Bitcoin’s long-term value.
The chart illustrates a sharp rise in net position change (green bars) alongside Bitcoin’s upward price trajectory, reinforcing bullish sentiment among those with a long-term horizon.
Bitcoin Dominance on the Rise
Meanwhile, DaanCrypto highlights that Bitcoin Dominance (BTC.D) continues its strong upward trend, making it increasingly difficult for altcoins to compete. Treasury purchases of BTC have added persistent buying pressure, while many altcoins face headwinds from token unlocks and weak momentum.
Daan points out that a short squeeze on Ethereum last month failed to ignite a broader altcoin rally due to insufficient spot demand. This trend has become a warning for investors to be cautious with altcoin exposure. As he put it, “Most of them will underperform BTC over a larger timeframe.”
Conclusion
With long-term investors accumulating Bitcoin and dominance accelerating, the market appears to be tilting decisively in BTC’s favor. Altcoins may continue to struggle unless a significant shift in sentiment or liquidity occurs.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/market/bitcoin-dominance-strengthens-as-long-term-holders-accumulate-heavily/