Darkfost says Bitcoin long-term holder activity is below the 2024 market top, while exchange inflows remain below the annual average

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Analysis: Bitcoin long-term holder activity remains far below 2024 the annual peak, while exchange inflows remain below the annual average

PANews September 26 reported that crypto analyst Darkfost stated in a post that current activity related to Bitcoin long-term holders (LTH) is gradually cooling, while exchange inflows remain significantly below the annual average. Their behavior is changing, and the market is also becoming more rational. Looking at exchange inflows, 2024 March market-top period,LTH was most active during the bull market, with average daily exchange inflows at one point exceeding the annual average by more than 5 times. By contrast,LTH during the 2025 market-top period remained relatively calm; afterward, as the bear market began, its activity increased significantly, and BTC average daily exchange inflows also rose from approximately 600 coins to approximately 1000 coins. As the market approached the bear-market bottom, inflows on some trading days far exceeded the annual average, consistent with the earlier increase in realized losses among buyers at higher levels.

Source: https://www.panewslab.com/zh/articles/01a0dd26-3948-75ed-8c19-a6bc2bc6cbc8

Key points

PANews reported on September 26 that crypto analyst Darkfost said activity related to Bitcoin long-term holders is gradually cooling.
The article states that Bitcoin long-term holder exchange inflows remain significantly below the annual average.
2024 year March market-top period, long-term holder average daily exchange inflows at one point exceeded the annual average by more than 5 times.
The article states that during the 2025 market top, long-term holders remained relatively calm, after which their activity increased significantly as the bear market began.
The annual average of Bitcoin daily exchange inflows rose from approximately 600 to approximately 1000 coins.
As the market approached the bear-market bottom, inflows on some trading days far exceeded the annual average.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

This content compares long-term holder exchange inflows during different market phases and points out that related activity is currently cooling, with inflows below the annual average.

Why it matters to readers

Exchange inflows and long-term holder activity can be used to observe changes in Bitcoin market behavior, but the information in the article cannot alone determine the future price direction.

It can be understood as follows: current data shows that long-term holder transfers to exchanges are weaker than during some historical periods.

Risks and unknowns

This content is a media paraphrase of Darkfost's views; the original text does not provide independently verifiable on-chain data.
The article does not state the specific current value of average daily exchange inflows.
The relationship between changes in long-term holder activity and future Bitcoin prices remains uncertain.

Darkfost says Bitcoin long-term holder activity is below the 2024 market top, while exchange inflows remain below the annual average

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