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Bitcoin Long-Term Holders Expand to 4.37 Million BTC as of April 7
Bitcoin accumulation by lower-turnover wallets continued into early April, pointing to persistent holder conviction even as broader crypto sentiment remained risk-off.
Cointelegraph’s CryptoQuant-based update said accumulating address cohorts reached 4.37 million BTC on April 7, 2026.
What the April 7 Long-Term Holder Reading Shows
The same report said retail-linked accumulation addresses added about 857,000 BTC, while accumulating-pattern wallets expanded to 1.29 million BTC.
In plain terms, long-term holders are wallets that keep adding and rarely distribute, so rising balances usually mean more coins are shifting away from active trading inventory and into slower-moving hands.
Because direct CryptoQuant dashboards were not independently retrievable in this environment, the on-chain figures above are attributed to Cointelegraph’s reported dataset and a TradingView syndication of the same story.
Why Long-Term Holder Accumulation Matters for Bitcoin Supply Dynamics
Supply-side pressure can tighten when the cohort holding coins in accumulation patterns keeps growing, and the 857,000 BTC retail-linked increase plus the 1.29 million BTC accumulating-wallet figure both point to that mechanism rather than short-term churn.
Activity data still shows a mixed tape: the Bitcoin network activity index rose to 3,600 from 3,320 on March 22, while active-address momentum printed -0.25 on April 6, which the report described as the weakest reading since April 2018.
That combination supports a conditional read, not a certainty: accumulation is a meaningful signal for available supply, but price outcomes still depend on whether demand keeps absorbing inventory once positioning shifts.
What to Watch Next After the April 7 Accumulation Signal
A brief market snapshot put BTC at $71,732 with a 24-hour change of 4.672993518061491%, a market cap of $1,434,734,684,495.83, and 24-hour volume of $55,133,865,974.474045.
At the same time, the Fear & Greed Index showed 17 (Extreme Fear), so the near-term setup is a tension between defensive sentiment and rising accumulation balances.
For follow-through, monitor the long-term holder supply trend together with exchange balances and profit-taking behavior; if those align with steadier liquidity conditions like the ones discussed in Ethereum Stablecoin Supply Hits $180B ATH — Up 150% in 3 Years, upside odds improve, while flattening holder supply with heavier distribution raises downside volatility risk.
Reader positioning also benefits from context on conviction narratives and cross-market catalysts, including Binance Founder CZ Releases “Freedom of Money”: Key Insights From His Autobiography and Intel Joins Terafab: What It Means for SpaceX IPO and Bitcoin, because those themes can influence demand timing even when on-chain supply signals stay constructive.
Disclaimer: This content is for informational purposes only and is not investment advice.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
