**Bitcoin Holders Return to HODLing Amid Market Uncertainty**

After months of heavy distribution pressures, Bitcoin holders are shifting back towards HODLing and accumulation. Despite recent sell-side pressure in spot markets, the Long-Term Holder (LTH) cohort now holds a significant percentage of network wealth, indicating high conviction. 📈

On-chain data reveals a trend towards accumulation, with the Accumulation Trend Score (ATS) hitting its highest value of 1.0. Additionally, +374k BTC has migrated into LTH status over the past three months, showcasing a preference for holding over spending.

While market conditions remain choppy, the resilience and patience of Bitcoin holders suggest a positive outlook for future price movements. 💡