CryptoQuant, a leading cryptocurrency analysis firm, has released its latest market analysis, revealing a significant shift among experienced Bitcoin investors.
According to the firm, these experienced investors are moving into an accumulation phase, a trend that has historically preceded significant price increases.
CryptoQuant identifies four main periods of coin accumulation by experienced market participants: January 2023, October 2023, October 2024, and the current phase in March 2025. These phases are marked with blue circles on the firm’s analysis table. In contrast, four significant selling peaks occurred in January, April, and July of 2024, with the last peak occurring in March 2025, marked with red circles.
According to the analyst firm, the current accumulation phase is characterized by several critical factors:
- Shifting from Sell to Hold – Investors who previously sold at market peaks have now adopted a holding strategy. This is evident from the Value Days Destroyed (VDD) indicator, which is at its minimum in March 2025.
- Lack of Significant Selling – The lack of significant selling suggests that experienced participants find the current Bitcoin price level unattractive for profit-taking.
- Historical Precedence for Price Increases – Historical market cycles show that periods of low VDD marked by accumulation phases precede upward price movements.
CryptoQuant’s findings suggest that the current accumulation phase could signal further appreciation of Bitcoin’s price in the medium term.
*This is not investment advice.
