Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Long-term holders' chip distribution has started! BTC bull market may peak in 2025, historical data reveals key signals

Long-term holders' chip distribution has started! BTC bull market may peak in 2025, historical data reveals key signals

CryptoChan2025/01/23 05:44
By:CryptoChan
According to the data on the proportion of long-term coin holders' chips on the BTC chain, within 5 months after each Bitcoin halving in history, the trend of chip distribution by long-term coin holders will intensify, usually indicating that the last big cycle of the bull market is coming. Looking back at the bull market cycles of 2017 and 2021, this phenomenon significantly appeared about 5 months after the halving.
 
On April 20th, 2024, Bitcoin ushered in a halving. According to historical patterns, between February and October 2025, the proportion of BTC long-term holders' chips may experience a sharp decline. This change usually means that the market will usher in the last wave of distribution, and the bull market may reach its peak during this period.
 
This period will become a key node of market attention, and investors should remain vigilant and prepare for possible market volatility.
 
The chart shows the changes in the chip share of long-term holders (holding coins for more than 155 days) during the three historical bull and bear cycles of Bitcoin, and aligns them with the halving date. From the data, about 5 months after the halving, the chip share of long-term holders usually begins to decline, indicating the distribution of chips in the market and the signal of the bull market topping out.
Long-term holders' chip distribution has started! BTC bull market may peak in 2025, historical data reveals key signals image 0
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Goldman Sachs backs Oracle (ORCL.US): AI financing concerns may be exaggerated; risks of ongoing projects are controllable

Goldman Sachs maintains a "Buy" rating for Oracle with a 12-month target price of $206.

智通财经•2026/11/09 12:26
Goldman Sachs backs Oracle (ORCL.US): AI financing concerns may be exaggerated; risks of ongoing projects are controllable

Midterm elections expose market vulnerability! AI trading faces rigorous scrutiny, U.S. stock earnings expectations may undergo major adjustments

The results of the US midterm elections and the subsequent market crash have exposed the vulnerability caused by the market’s excessive concentration of bets on artificial intelligence (AI). Investors may need to readjust their expectations for investment returns.

智通财经•2026/11/09 10:59
Midterm elections expose market vulnerability! AI trading faces rigorous scrutiny, U.S. stock earnings expectations may undergo major adjustments

SpaceX unlock wave meets index rebalancing! Goldman Sachs estimates: December rebalancing may bring $10.9 billion in passive buying

The proportion of SpaceX's freely tradable shares has increased from about 5% at the time of its IPO to one-third, and the expansion of index weightings is driving passive funds to increase their holdings. According to Goldman Sachs, the rebalancing of the Russell 1000 Growth Index on December 11 may trigger $10.9 billion in buy orders, with the main counterparts being insiders whose shares are unlocked. The S&P 500 inclusion window points to the second half of 2027, when the competition among passive funds will further intensify.

华尔街见闻•2026/11/09 10:46