Bitcoin Addresses That Only Buy and Never Sell Just Hit Record Levels

A unique group of Bitcoin investors is quietly making history by boosting BTC’s long-term investment ￰0￱ as accumulator addresses, these wallets have a very distinct trait: they only buy and never sell. On-Chain Evidence of Faith To qualify, an address must make at least two incoming transactions of a certain BTC amount while showing zero selling ￰1￱ data shared by CryptoQuant reveals that this category of wallets has now reached a record, which holds over 266,000 BTC as of September ￰2￱ growth highlights an unmistakable trend: that is, many investors are treating Bitcoin as a long-term store of value rather than a short-term trading ￰3￱ corporations add BTC to their treasuries and adoption steadily expands, it appears that these addresses reflect a growing conviction in Bitcoin’s role as a durable financial ￰4￱ long-term confidence persists, Galaxy Digital has flagged a pressing challenge in Bitcoin’s fee ￰5￱ firm warned of a structural weakness, which is the vanishing fee ￰6￱ the 2024 halving and collapse of Ordinals/Runes demand, blockspace competition has thinned, with nearly 15% of blocks now clearing at negligible ￰7￱ users enjoy cheap transactions, miners face declining incentives, threatening network security as block subsidies ￰8￱ activity shifting to ETFs, custodial platforms, and faster L1s like Solana, Galaxy cautions that Bitcoin risks devolving into a “settlement layer without real settlement.” Long-term sustainability depends on renewed on-chain demand to support fees and secure miner ￰9￱ Break Bitcoin’s next move hinges on what happens after its current compression phase ends, rather than the breakout ￰10￱ to the analysis by Bitcoin Vector, the crypto asset is now attempting to reclaim the prior range lows between $112K and $121K, with a daily close above $112K marking a key ￰11￱ platform highlights $113.6K and $115.6K as critical checkpoints; if price consolidates there, it could confirm a bullish ￰12￱ this view, Bitcoin’s trajectory favors buyers, with momentum potentially shifting decisively back into bullish territory.