- Long-term holders are exhibiting much restraint from cashing out their unrealized profits in Bitcoin, indicating their optimism for further price rallies.
- Institutional accumulation remains the primary narrative reinforcing investor optimism in BTC.
Steady institutional accumulation remains a key factor driving the long-term narratives in Bitcoin (BTC). According to CryptoQuant, long-term holders are currently at a “solid profit” level, with their net unrealized profit/loss (NUPL) at 0.5. This indicates their firm conviction in the asset and willingness to hold it over a long duration.
The platform noted that short-term holders have constantly threatened the market, contributing to significant selling pressure near lower-profit zones in Bitcoin’s recent short-term price rallies. However, long-term holders helped BTC anchor its value within strong support at the $104K range as of late.
Hence, the institutional on-chain data analytics firm believes the premier cryptocurrency asset’s overall trend is bullish. Additionally, BTC’s resilience at a support above the $100K line offers a reassuring tone at how far its short- to medium-term dip could go.
Metaplanet Continues to Stack Bitcoin
Strategy (formerly MicroStrategy) and its executive chairman, Michael Saylor, have been mum about a possible announcement this Monday regarding their BTC acquisition last week. Despite this, Metaplanet didn’t even flinch at the massive liquidations the previous week as it just revealed a 463 BTC purchase at around $53.7 million.
The company’s latest Bitcoin transactions averaged at $115,895 per coin. Meanwhile, the event raised its holdings to 17,595 BTC, which it acquired for $1.78 billion at $101,422 per BTC.
Trump Media Discloses Massive Bitcoin Purchase
Interestingly, Trump Media and Technology Group’s second quarter of 2025 financial results reported that it bought $2 billion worth of Bitcoin and BTC-related securities. The move immediately propels it ahead of Metaplanet in holdings of the crypto asset. Moreover, it positions the Trump family-run entity as the sixth-largest Bitcoin treasury company globally.
Again, the development fuels long-term optimism in the USA’s stance on Bitcoin. This could be the reason why President Donald Trump has been allegedly deliberately delaying the USA’s advance on the Bitcoin strategic reserve he promised during his campaign and as soon as he assumed position as the leader of the nation with the world’s largest economy. Some suspect that he and his cronies may be saving the big announcement to hold prices within a lower entry barrier.
The speculations definitely spell conflict of interest, which is ironic considering that his Republican allies are pushing for an act against allowing members of the legislature to trade stocks. Still, the entire affair would translate into a positive note for Bitcoin and crypto holders.
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