• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Bitcoin Supply Held By STH Hits Highest Level In 40 Months – Top Signal Or Trend Shift?

Bitcoin Supply Held By STH Hits Highest Level In 40 Months – Top Signal Or Trend Shift?

Sebastian Villafuerte
by Sebastian Villafuerte
8 months ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin finds itself at a pivotal juncture as the market navigates uncertainty and growing doubt in the days ahead. After reaching an all-time high (ATH), the price tumbled sharply to the $92,000 level, triggering a sentiment shift from extreme bullishness to cautious optimism. This rapid correction has left many traders questioning the sustainability of Bitcoin’s recent rally and whether the market could be entering a new phase.

Related Reading: Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin

CryptoQuant analyst Maartunn recently highlighted compelling data that sheds light on the current state of the market. According to Maartunn, the supply held by Short-Term Holders (STH) has reached its highest level in 40 months. This is a significant development, as elevated STH holdings are often associated with market tops or potential trend shifts.

If the price holds above key support levels, it may signal a healthy correction and pave the way for a renewed rally. However, a failure to regain momentum could confirm the fears of many market participants, leading to deeper corrections and increased selling pressure. As Bitcoin hovers at this crossroads, all eyes are on the data and the market’s next move.

Uncertainty Driving The Market

Since Bitcoin hit its all-time high (ATH) at $108,300, it has experienced significant volatility, leading to growing uncertainty within the market. Some analysts are convinced that the ATH marks the peak of the current bull cycle, and they foresee no further upside for BTC in the near term. On the other hand, there are those who believe the bull run is far from over and that the recent price fluctuations are simply part of a healthy market consolidation before a potential surge.

Maartunn recently shared data on X that offers crucial insight into the current state of the market. According to Maartunn, the supply held by Short-Term Holders (STH) has reached 5,439,700 BTC, the highest level in 40 months.

Bitcoin STH & LTH supply
Bitcoin STH & LTH supply | Source: Maartunn on X

 

STH Supply typically rises during bullish periods as short-term investors accumulate Bitcoin in anticipation of price gains. This sharp increase indicates that the multi-year downtrend in STH supply has come to an end, signaling a potential shift in market dynamics.

Related Reading: BTC Whale Moves 72,000 BTC Aged 5-7 Years – Top Signal Or Altseason?

For many analysts, this is a bullish signal, as it suggests that short-term holders are positioning themselves for further price appreciation. However, the uncertainty remains, as the broader market still faces periods of volatility, and BTC must overcome key resistance levels to confirm that the rally is indeed sustainable. The data from Maartunn points to the potential for continued bullish sentiment, but it is clear that Bitcoin’s future direction is not yet set in stone.

BTC Weekly Close  

Bitcoin is currently trading at $97,000 after several days of intense volatility and uncertainty. As the weekly close approaches, the $97K level has become crucial for determining the next direction of price action.

 If Bitcoin manages to hold above this key level by the end of the week, it could signal the confirmation of a bullish continuation, with a potential massive rally on the horizon. The ability to maintain this support would likely ignite renewed buying pressure, propelling Bitcoin toward higher price targets.

BTC about to close the week above $97K
BTC about to close the week above $97K | Source: BTCUSDT chart on TradingView

On the other hand, if Bitcoin fails to hold above $97K and closes the week below this threshold, the market may face a deeper correction. This could bring the price back to test lower demand zones, potentially leading to further downside risk in the coming weeks. 

Related Reading: Bitcoin Reclaims Strong Correlation With S&P 500 – What This Means For BTC

The next few days are critical, as the weekly close could set the tone for Bitcoin’s near-term price action, with analysts closely monitoring whether this support level holds firm. As market sentiment remains undecided, a decisive move above or below $97K will provide key insights into Bitcoin’s future direction.

Featured image from Dall-E, chart from TradingView 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Sebastian Villafuerte

Sebastian Villafuerte

Follow

Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.

Full Profile

Related Posts

Bitcoin

“No More Bears”: Michael Saylor Sees Bitcoin Charging Toward $1 Million Milestone

3 hours ago
Bitcoin Cycle Extremes Index Hits 8.8%: Compression Phase Signals Expansion Ahead

Bitcoin Cycle Extremes Index Hits 8.8%: Compression Phase Signals Expansion Ahead

4 hours ago
Bitcoin Market Shifts To Neutral As Adjusted MVRV Reads 39%

Bitcoin Market Shifts To Neutral As Adjusted MVRV Reads 39%

1 day ago
Bitcoin

Historic Flip: Bitcoin ETFs On Pace To Surpass Gold ETFs In AUM

1 day ago
Bitcoin

Are ETFs Taking Over Bitcoin Trading Volume? Data Says No

2 days ago
Bitcoin

Bitcoin To Hit $1 Million? Eric Trump Shares Optimistic Outlook On Cryptocurrency

2 days ago

Premium Sponsors

Press Releases

  • Rich Miner Launches New Cloud Mining Strategy: Secure 1,000...

    6 minutes ago
  • XRP's

    Amidst XRP’s volatile price, holders are flocking to...

    45 minutes ago
  • BAY Miner Launches Mobile App, Unlocking Daily Income...

    1 hour ago
  • BTC & XRP ETFs Fuel Market Buzz as Cloud Mining Surges...

    2 hours ago
  • miner

    Digital asset mining accelerates: FY Energy Cloud Mining...

    3 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.