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Bitcoin Long-Term Holders Add 371,000 BTC in 30 Days, CryptoQuant Analyst Says

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2026-07-17 07:33:44
CryptoQuant analyst Axel Adler Jr. said on X that Bitcoin long-term holders added about 371,000 BTC over the past 30 days, lifting total holdings to 16.34 million BTC and a record high. According to Odaily, the accumulation trend has stayed positive for 186 consecutive days.

Adler also said the current CDD indicator stands at 313 million, below 899 million a year ago, which he said shows long-term holders are still keeping rather than selling their coins. He added that over the past year, Bitcoin's price fell from $118,600 to $63,800.

Adler said reduced supply only means fewer coins are available for sale, and that price increases require buying demand.
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