3M BTC Added, Yet Selling at a Loss: What’s Going On With Bitcoin?

Bitcoin’s long-term holder (LTH) cohort is expanding steadily. According to Axel Adler Jr., LTH Realized Supply has climbed from 5.26 million BTC in January 2026 to 8.32 million BTC as of April 16, an addition of 3.06 million units over the past three months and a yearly rise from 4.35 million BTC. This metric tracks the total volume of BTC unmoved for over 155 days, where growth partly stems from existing coin…