"Diamond Hands" Bitcoin holdings surge 300%! 70% of new buyers in the black

Massive amounts of Bitcoin are quietly exiting the trading market and flowing into the pockets of "diamond hands." According to statistics, the amount of Bitcoin hoarded by "steadfast holders" has surged to nearly 4 million coins, and this group of long-term investors, unaffected by short-term price volatility, is becoming the strongest backbone supporting the market floor. According to Bitfinex citing BitGo data, since the end of 2025, the amount of Bitcoin held by long-term buyers has skyrocketed by 300%, reaching approximately 4 million coins, valued at $320 billion. This indicates that Bitcoin's "Realized Value (the total market value of Bitcoin at the time it last changed hands)" is flowing massively into the hands of less active whale holders. Market analyst and Quantum Economics founder Mati Greenspan stated: "Although BitGo's precise algorithm for defining 'steadfast holders' has not been fully disclosed, the market signal it conveys cannot be ignored." From a historical perspective, when liquidity supply in the market tightens while demand simultaneously recovers, it often creates the perfect conditions for Bitcoin to launch its most ferocious upward rallies. The Bitfinex team stated that the current hoarding wave represents the strongest two-consecutive-quarter "faith buying" growth record since the COVID-19 stock and crypto crash in 2020. This group of long-term buyers includes retail investors and institutional investors. Bitcoin core developer Jameson Lopp added that the 4 million Bitcoin held by these long-term holders does not even include those "dormant" Bitcoin that have been inactive for over 10 years, estimated at 5.6 million coins. According to statistics, Bitcoin's current total circulating supply is approximately 20.03 million coins. Institutions Sweeping Up Bitcoin Bitfinex analysts have observed that more and more Bitcoin is withdrawing from cryptocurrency exchanges and being transferred to wallets that "remain unmoved no matter how violently prices fluctuate." This structural change shows that whether institutional-level "whales" or listed companies adding cryptocurrency to their balance sheets, all are ignoring price volatility and frantically absorbing the remaining chips in the market. For example, Strategy (MicroStrategy, US stock code: MSTR), the publicly listed company holding the most Bitcoin globally, currently holds 818,869 Bitcoin, with paper unrealized gains (floating profits) of approximately $4.6 billion. As chips continuously flow into these "low-frequency trading" pockets, the Bitcoin available for buying and selling on the open market will shrink dramatically, brewing a potential "Supply Shock (a phenomenon where market demand remains unchanged but supply drops sharply, causing prices to surge violently)." 70% of New Buyers in Profit The latest research from cryptocurrency data platform CEX.IO further supports the narrative that the market floor is strengthening. The analysis shows that among recent entrants, nearly 70% are currently in a profitable position. In financial psychology, this becomes a powerful line of defense. CEX.IO explains that when most new investors' books show profits, their panic and urgency to exit when facing minor market pullbacks will significantly decrease, which becomes an important force stabilizing Bitcoin's price. Ran Hammer, Vice President of Business Development at blockchain infrastructure firm Orbs, stated: "People who truly understand Bitcoin will only try every means to hoard more, and are utterly reluctant to sell. Especially now that more and more financial instruments using Bitcoin as collateral for lending are appearing in the market. This has completely changed the supply and demand equation, drawing more Bitcoin away from the market." Connor Howe, CEO and co-founder of DeFi protocol Enso, expressed similar views. He believes that Bitcoin's "long-term scarcity" narrative is transforming from theoretical discussion into real market structure. He concluded: As Bitcoin spot ETFs continue to attract capital, institutional hoarding behavior has become "structured" rather than mere "speculative trading," with more and more Bitcoin flowing into the hands of holders with firm conviction. Once market demand accelerates again in the future, Bitcoin's scarcity will manifest with unprecedented intensity.