Bitcoin (BTC) speculators have held onto profits for nearly a month in what new analysis sees as a key sign of market strength.
Key points:
- Bitcoin short-term holders were in partial profit for the past month, marking the longest consecutive in-profit stint of 2026.
- STH profitability — a historical hallmark of bullish BTC price reversals — currently stands at $168.2 billion in profit versus $102.6 billion in loss.
- The broader Bitcoin investor base has stayed in net profit since Aug. 19.
Short-term holders boost optimism over BTC price comeback
Data from onchain analytics platform CryptoQuant shows that a subset of Bitcoin’s short-term holder (STH) cohort has been in profit since Aug. 16.
STH investors are wallets holding an unspent transaction output (UTXO) for less than six months. They correspond to newer buyers who are more sensitive to short-term price moves and volatility, adding or reducing exposure more readily than seasoned…