Bitcoin 'Conviction Buyers' Accumulate 4M BTC in Largest Surge Since 2020


#Long-term Bitcoin ($BTC) holders, classified as conviction buyers, have #accumulated nearly 4 million $BTC since the end of 2025, according to BitGo data cited by Bitfinex on May 13. At BTC’s current price near $80,000, that supply is valued at approximately $320 billion.


Bitfinex described the pace of accumulation as the fastest two-quarter build-up in high-conviction #Bitcoin buying recorded since the COVID-19 market crash of 2020. Conviction #buyers are defined as long-term holders, whether individuals or institutions, that acquire and retain $BTC with minimal #trading activity regardless of price swings.

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May 13, 2026 at 11:14 PM
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