BTC Shifts to Strong Hands as Long-Term Holders Buy 303K Coins

Highlights:

• BTC shifts to strong hands after retail Bitcoin investors dump 290K tokens within a month interval.
• CryptoQuant reported that long-term Bitcoin holders acquired 303K BTC in the past 30 days.
• Michael Saylor’s Strategy and Bitcoin ETFs’ investors purchased large volumes of BTC during the purchase window.

On-chain analytical firm CryptoQuant has reported a shift in Bitcoin (BTC) holding patterns. According to one of its most recent X posts, long-term Bitcoin holders accumulated about 303,000 BTC in the past 30 days. The amount of tokens purchased was significantly larger than the quantity sold by short-term holders during the same window. CryptoQuant reported that retailers had sold roughly 290,000 BTC in the past 30 days. 

Advertisement

Notably, Michael Saylor’s Strategy accounted for 17.5% of the total acquisitions, having accumulated 53,000 BTC during that time. Exchange-traded funds (ETFs) also recorded a net inflow of approximately 16,800 BTC. The new trend signifies strong faith in BTC, even as weaker hands continue to dump the asset. 

Bitcoin supply is moving into stronger hands.

Over the last 30 days:
• Long Term Holder Supply: +303K BTC
• ETF Netflows: +16.8K BTC
• Strategy: +53.0K BTC

And meanwhile:
• Short Term Holder Supply: -290K BTC pic.twitter.com/LeoKkZ3MMq

— CryptoQuant.com (@cryptoquant_com) April 22, 2026

Strategy Set to Intensify BTC Accumulations

Strategy announced its most recent BTC purchase on April 20. According to the announcement, the company added 34,164 BTC between April 13 and 19. The company spent an average of $74,395 per BTC, which summed up to $2.54 billion for the entire purchase. The purchase increased the company’s BTC holdings to 815,061 BTC worth approximately $61.56 billion at an average cost of $75,527 per token. While this purchase ranks as one of the company’s largest acquisitions, it followed a smaller purchase of 13,927 BTC, reported a week earlier. 

On April 6, Strategy announced the purchase of 4,871 BTC for $329.9 million. The company also purchased another 1,031 BTC for $76.6 million on March 23. During an April 13 interview on the Bankless channel, Saylor stated that the more BTC Strategy buys, the better for the entire ecosystem. He emphasized that Strategy will not adopt a conservative approach to its Bitcoin investments. He also noted that Strategy has no plans for the so-called asset diversification. According to the founder, the company’s main strategy remains sourcing funds and consistent BTC accumulations. 

Michael Saylor：The more Bitcoin we buy, the better it is for the entire ecosystem

Strategy founder Michael Saylor @saylor stated during an April 13 interview on the Bankless channel, "The more Bitcoin we buy, the better it is for the entire ecosystem."

He explicitly noted… pic.twitter.com/tn8Oyc5tKA

— Wu Blockchain (@WuBlockchain) April 22, 2026

Bitcoin ETFs Inflow Soars as BTC Shifts to Strong Hands

Since the beginning of this month, Bitcoin ETFs have recorded net outflows on only four occasions. So far, the funds have maintained a six-day consecutive winning streak. BlackRock Bitcoin ETF continues to attract significant inflows. Each of the fund’s cumulative net inflows and net asset valuations has exceeded $60 billion. 

Other profitable Bitcoin ETFs that have attracted more than $1 billion in cumulative net inflows include Fidelity Bitcoin ETF (FBTC), Grayscale Mini Bitcoin ETF (BTC), Bitwise Bitcoin ETF (BITB), and ARK 21Shares Bitcoin ETF (ARKB). Based on SosoValue’s most recent statistics, Bitcoin ETFs’ total value traded sits at $3.03 billion, net inflow is $58.08 billion, while the net assets valuation is $100.98 billion. 

Aside from institutional and ETF investors, whales are also accumulating BTC. On April 16, Lookonchain reported that three newly created wallets withdrew 1,600 BTC, valued at approximately $120 million, from Binance and BitGo. On the same day, another fresh wallet withdrew 1,456 BTC worth $108.44 million from Binance, highlighting a strong accumulation trend among whale investors. 

Meanwhile, Bitcoin’s price has dipped slightly by 0.1% in the past 24 hours. The asset is changing hands at approximately $77,886 with a market cap of roughly $1.56 trillion and a trading volume of $43.7 billion. In the past week and month, BTC spiked by about 3.9% and 10.5%, respectively. However, the asset has dipped 16.9% year-to-date. 

Advertisement