Bitcoin buyers with long-term 'conviction' surges 300% with most recent buyers sitting on profits

60-second summary

Bitcoin held by conviction buyers has surged to nearly 4 million BTC, a roughly 300% increase since late 2025, as these long-term investors continue to accumulate the asset. This surge indicates growing confidence in Bitcoin's potential, with most recent buyers sitting on substantial profits, potentially signaling a bullish trend in the market, bolstering investor sentiment.