CryptoQuant, a prominent cryptocurrency analytics firm, has revealed insights into the current behavior of seasoned Bitcoin investors.
According to their latest market analysis, these investors appear to have entered a phase of accumulation, which historically has often been a precursor to notable price surges.
The firm highlights key periods when experienced market participants have focused on accumulating Bitcoin. These include January and October of 2023, October of 2024, and the current phase, observed in March 2025.
In contrast, the report also identifies past selling peaks that occurred in January, April, and July of 2024, with the most recent peak being in March 2025.
One of the key indicators of this accumulation phase, according to CryptoQuant, is a noticeable shift in investor behavior. Investors who had previously sold during market highs are now opting to hold their positions. This change is visible through the Value Days Destroyed (VDD) metric, which reached its lowest level in March 2025.
Furthermore, there is a noticeable lack of significant selling, indicating that experienced investors do not view the current Bitcoin price as favorable for short-term profits. Historically, similar accumulation periods marked by low VDD have been followed by price increases. Based on these patterns, CryptoQuant suggests that Bitcoin could be poised for further growth in the coming months.
Bitcoin appears to be entering a more mature phase, with volatility reaching record lows and institutional interest on the rise.
Bitcoin has seen a volatile week, climbing over 7% and trading near $85,750 as of April 15.
Bitcoin may be gearing up for another rally, and one key macro trend could be the driving force: a surge in global liquidity.
Bitcoin briefly surged past $86,000 on Tuesday, reaching levels not seen since early April, before slipping back slightly.