Bitcoin Influx Surges 73,702 BTC in Wallets Under One Month

As Bitcoin trades around $110,000, on-chain data indicates a new wave of demand. The Net Position Change (NPC) for Bitcoin holders with assets younger than one month is now positive, suggesting potential bullish momentum.

Key Developments

The NPC for new BTC holders has flipped positive, showing accelerated market demand.
On September 23, wallets younger than one month saw a surge of +73,702 BTC.
Fresh capital from new investors aids in absorbing long-term holder (LTH) sales, currently at -145,000 BTC.
Short-term holders (STH), holding BTC for less than six months, are also accumulating, with a change of +159,098 BTC.
This dynamic indicates market strength and potential for continued price appreciation.

cq1

Concerns

Elevated BTC exchange inflows suggest possible increased selling pressure.
The current rally is led by retail investors, with major holders (whales) mostly absent.
Despite this, Bitcoin network activity has hit a new peak in 2025.
BTC is currently trading at $112,804, down 0.2% over the past 24 hours.

bitcoin