Bitcoin Market Shows Signs of Stability as LTH Sell Less and ETF Demand Rises
The Bitcoin market has shown signs of easing tension in recent months, with long-term investors (LTH) reducing their selling activities. This shift, combined with increased demand through spot ETFs, could support the price and decrease volatility, creating a more stable environment.
Glassnode analysts have been monitoring the Net Position Change metric for LTH, which tracks monthly changes in the amount of Bitcoin held by addresses older than 155 days. The index has returned to a neutral level in October, indicating fewer transactions and a softer stock market today. This could signify the end of active profit-taking or the start of a stabilization phase.
Projects like HYLQ are gaining traction among cautious investors, offering a fresh perspective on crypto-assets with transparent mechanisms and long-term value. Meanwhile, institutional buyers, including prominent fund providers like BlackRock, have been collectively acquiring over 709,000 Bitcoins valued at around 83 billion USD over the past year, driving significant stock market activity in October 2025. Investors are closely watching these actions and movements in spot ETFs to determine possible stock market directions.
The practical implications of these developments include reduced pressure from LTH, which improves the chances for a price recovery. Additionally, inflows into ETFs provide additional liquidity and legitimacy to the stock market today. To navigate effectively, investors should reduce leverage, make purchases in stages, and closely monitor the flows in ETFs.
