Analyst: This Cycle May Be the Most Active Period for Long-Term Holders, Still Adopting a Wait-and-See Approach Recently

PANews, September 13 – CryptoQuant analyst Darkfost stated that this cycle is likely the most active period for long-term holders. According to the CDD (Coin Days Destroyed) indicator, the willingness of long-term holders to sell has increased, mainly driven by liquidity from ETFs and corporate BTC accumulation. However, overall activity among long-term holders has remained relatively calm since 2026, with only a slight uptick recently following BTC's rise, which may reflect partial profit-taking. No sustained large-scale transfers have been observed yet. Currently, long-term holders are still mainly in a wait-and-see mode.