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Full article on CoinTelegraph
Bitcoin wallets absorb 4.37M BTC as network activity flips to 'bull phase’
Market Intelligence Analysis
AI-Powered
Why This Matters
Bitcoin's long-term investor wallets now hold over 4.37M BTC, and a network activity index has signaled a 'bull phase', indicating potential for increased demand and reduced supply. This development could support a bullish market sentiment for Bitcoin. The increase in long-term holdings suggests a reduction in circulating supply, which could lead to upward price pressure.
Market Impact
The absorption of 4.37M BTC by long-term investor wallets could lead to a decrease in available supply, potentially driving up the price of Bitcoin. As network activity flips to a 'bull phase', it may attract more investors, further increasing demand and supporting a potential price increase in Bitcoin (BTC).
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Medium Term
Affected Symbols
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The Bitcoin supply held in long-term investor wallets moved above 4 million BTC, while a network activity index flashed a “bull phase” signal.
Original article published by
CoinTelegraph
on April 8, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.