Key Trends in Bitcoin Holder Behavior
- •BTC permanent holders continue to accumulate despite volatility.
- •Realized price climbs to $78.5K, showing strong conviction.
- •Selling pressure is being absorbed by long-term holders.
As Bitcoin’s price faces short-term volatility, a particular group of investors is quietly strengthening the market’s foundation—BTC permanent holders. These are long-term investors who rarely move their coins, regardless of price swings. Recent on-chain data shows that these holders are not only undeterred by the recent selling pressure but are actively accumulating more BTC.
The realized price of BTC permanent holders has now risen to approximately $78,520, reflecting the average price at which this group has acquired their holdings. This trend suggests strong belief in Bitcoin’s long-term potential, even at relatively high prices. In other words, these investors are not waiting for a dip—they’re buying now.
Understanding Realized Price and Its Significance
The realized price is an on-chain metric that reflects the average cost basis of coins in the market. When this metric increases among permanent holders, it typically means they are accumulating more BTC, often at higher price points. This is significant because it shows long-term conviction.
Unlike short-term traders who buy low and sell high in rapid cycles, permanent holders are more likely to accumulate and hold for years. This reduces the circulating supply and adds stability to the market. Their behavior often precedes major bullish moves, as they help absorb liquidity during volatile periods.
BTC Permanent Holders Absorb Selling Pressure as Accumulation Accelerates
— CryptoQuant.com (@cryptoquant_com) November 7, 2025
“The realized price of these holders has continued to climb, reaching around $78.52k, indicating that long-term-oriented capital is accumulating even at relatively higher price levels.” – By @MAC_D46035pic.twitter.com/xt2KqTIumL
Accelerated Accumulation Amid Market Fluctuations
Despite increased market fluctuations, the data shows that accumulation among these holders is accelerating. Their activity is acting as a cushion against market drops, suggesting that foundational support for Bitcoin is growing stronger.
This quiet accumulation signals long-term confidence and hints that BTC might be preparing for a sustained upward move once broader sentiment improves. For casual investors, this could be a sign to watch—not just for short-term gains but for understanding where the “smart money” is placing its bets.

