The Bitcoin market experienced a shockingly dramatic weekend, as opposed to 
the typical silent price action displayed in previous weekends. On Saturday, 
January 31st, the world&#8217;s leading cryptocurrency seemingly led other crypto 
assets south of the charts, with its price falling from $84,350 to as low as 
$75,000 in a single swoop. As this unfolded, an inversely correlated shift 
also played out underneath the charts. A recent on-chain evaluation has 
pointed out that Bitcoin&#8217;s Long-term Holder behavior is changing, contrary to 
what its short-term holders are doing. Long-Term Holders Accumulate As Short- 
Term Supply Declines Pseudonymous on-chain analyst Darkfost recently took to 
CryptoQuant, via a Quicktake post, pointing out that Bitcoin&#8217;s long-term 
holders are racking up more BTC. The relevant indicator here is the LTH supply 
change (Coinbase fix). Related Reading: Rising Above The Ashes: XRP ETFs Set 
New Record Despite Market Crash For context, this metric tracks the net change 
in the amount of Bitcoin held by long-term holders (typically coins unmoved 
for ~155 days). According to the analyst, approximately 186,000 (on a monthly 
average) have been added to the Long-term holders’ supply. Seeing as more 
coins are aging past 155 days, Darkfost implied that short-term holder supply 
is, in turn, witnessing steady contraction. Notably, the analyst pointed out 
this kind of transition (between long-term and short-term investors) last 
happened in April, as the Bitcoin price retraced. As it is intuitively 
evident, a rising LTH supply is typically interpreted as growing conviction 
among Bitcoin&#8217;s long-term investors. By extension, this means that long-term 
holders are distributing less of their holdings and stowing away more. In 
theory, this behavior is bullish news for the cryptocurrency. This is because, 
as LTHs absorb supply, the amount of available Bitcoin for sale reduces. 
Historically, it is also a bullish signal for the BTC price, as it has often 
appeared during the early stages of accumulation periods or late into 
correction stages. However, the broader market implications in the current 
context might not be so favorable. Darkfost highlighted that there is very 
weak demand available to cushion the falling BTC price. At the same time, the 
Bitcoin market appears to be entering a bearish phase; hence, it is not far- 
fetched to see major capitulation events in the near-term. If this happens, 
the Bitcoin price would likely plummet, as weaker investors may sell off their 
holdings in fear or as victims of liquidation events. For a bullish outlook to 
be truly relevant, there has to be a clear recovery in demand, alongside 
continued long-term holder accumulation. Bitcoin Price At A Glance As of press 
time, the Bitcoin price stands at approximately $78,060, reflecting a 6.9% 
loss in the past day. Related Reading: Crypto Funds Bleed $1.80 Billion As 
Metals Rally Heats Up Featured image from iStock, chart from TradingView

Bitcoin LTH Supply Rises Again Amid Bearish Market Dynamics

OSL Group secures $200 million equity financing to fund global stablecoin, 
payments growth, acquisitions, and infrastructure. OSL Group (HKEX: 863) 
announced on January 29, 2026 in Hong Kong a $200 million (approximately 
HK$1.56 billion) equity financing to bolster its balance sheet and accelerate 
expansion of its stablecoin trading and payment platform, support strategic 
acquisitions, and […]

OSL Group Raises $200 Million to Accelerate Stablecoin and Payments Expansion

The European Commission sends formal notices to 13 EU member states over 
delayed or incompatible transposition of EU crypto tax transparency and MiCA 
rules. The European Commission has issued letters of formal notice to 12 
European Union member states—Belgium, Bulgaria, Czechia, Estonia, Greece, 
Spain, Cyprus, Luxembourg, Malta, the Netherlands, Poland and Portugal—for 
failing to fully […]

EU Opens Infringement Notices Over Crypto Tax Rules and MiCA Breaches

A Tahnoon-backed Abu Dhabi entity reportedly agreed to buy 49% of World 
Liberty Financial for $500 million just days before Donald Trump returned to 
the White House.

UAE firm bought 49% of Trump-linked crypto startup for $500M: WSJ

Jim Bianco claims that bitcoin will need to find another narrative now that 
market adoption is a given and that all events and news regarding this subject 
are already priced in. “That engine is now out of fuel; stop chasing a ghost,” 
he added. Bitcoin’s Adoption Trade Is Dead, Analyst Claims ‘Good News’ Is 
Priced […]

Cryptocurrency price in TWD