Bitcoin Price Discovery, Unreal Long Term Holder Advantage Spotted

Key Insights:

• Long-term Bitcoin holders are gaining an edge as short-term traders face liquidations amid market volatility for Bitcoin price.
• Corporate accumulation and rising new user activity fuel bullish momentum toward a $115,000 price target.
• Despite the push for breakout, some corrections are imminent.

The largest cryptocurrency, Bitcoin (BTC), is facing one of its biggest price discovery trends, which is putting it under the market spotlight.

A divide is emerging between seasoned holders and short-term speculators. Recent data from CryptoQuant and Glassnode point to significant shifts in market behavior.

Notably, this comes when strategic accumulation is on one side and forced liquidations are on the other.

Bitcoin (BTC) Price Action Aids Long-Term Holders Capitalization

One of the clearest patterns emerging in this phase of Bitcoin price discovery is the advantage long-term holders are gaining over short-term traders.

CryptoQuant data specifically spotlighted investors who have held their Bitcoin for over 155 days. According to the report, this class of investors has increased their realized cap to over $28 billion.

Following the outlook, this shows the strength of conviction and patience. This is because overleveraged short-term participants continue to be pushed out of the market.

These traders, often betting on fast moves. As the market shifted positively, they, faced major losses around the $100,000 range.

A liquidation delta chart from the same report shows several green spikes. These helped flush short positions that could not withstand the volatility.

In contrast, long-term holders used the opportunity to double down, buying in at lower levels during market dips.

It is worth noting that this behavior was not new. In February 2025, a similar shakeout wiped out $180 million worth of long positions.

The latest rally follows the same pattern. According to market sentiment, those with patience and preparation are thriving.

While those chasing quick profits continue to fall behind.

Corporate Bitcoin Acquisition Trends Fuel Confidence

Another strong signal in this ongoing price discovery is the corporate activity surrounding Bitcoin.

American business intelligence and software firm Strategy Inc, under the leadership of Michael Saylor, has continued its aggressive buying streak.

On May 26, 2025, the firm added 4,020 BTC to its balance sheet.

The company’s total holdings now total 580,250 BTC, making it the largest corporate holder in the public markets.

Furthermore, in an earlier update, we covered Michael Saylor urging Microsoft to ditch bonds to acquire Bitcoin. This is a sign of confidence in the top coin.

Additionally, Japan-based investment company Metaplanet acquired 1,004 more Bitcoin units recently. Notably, the purchase cost approximately $104.3 million.

This institutional backing level has caught the attention of analysts who track Bitcoin acquisition trends.

For example, Glassnode further noted that the market also saw a rise in first-time buyers from March to May 2025.

This inflow of new capital has helped steady the price and added to the upward momentum.

Is $115,000 the Next Target for Bitcoin Price?

With the largest digital asset, Bitcoin, now trading around $109,221.03, Many market participants are asking if $115,000 is within reach.

Still on the Bitcoin price outlook, crypto trader James Wynn predicted that the price will reach $118,000 this week.

However, market data shows a potential range between $110,750.35 and $115,303.57.

Based on general market sentiments, that prediction now looks increasingly possible. Glassnode reports a 5.2% increase in active addresses, now totaling 620,000.

This suggests many users are moving funds and participating in the network.

Amid the optimism, market experts have hinted at a likely pullback for the top coin. However, occasional retracements cannot be ruled out