CryptoQuant analyst: BTC long-term holdings have increased to 12.4 million

CryptoQuant analyst Darkfost stated that the Bitcoin market has entered an early stabilization phase, with long-term holding behavior increasing. Data shows that since October, the number of Bitcoin held for more than one year has risen from around 12 million to about 12.4 million. Although the growth is moderate, it reflects a market shift towards long-term holding behavior. The proportion of long-term holding typically recovers during bear markets, and the current trend is considered an early signal of market stabilization.