Long-Term Bitcoin Holders Intensify Selling, Price Lags Traditional Assets
Bitcoin is experiencing notable selling pressure from long-term holders, but this is viewed by analysts as a
normal market rotation and profit-taking phase rather than a signal of an imminent market crash. The current price of Bitcoin is around $88,184, reflecting a slight decline in the last 24 hours.
Long-Term Holder Behavior: Long-term holders have accelerated their selling, with approximately 143,000 BTC sold in the past 30 days, the fastest pace in five months. This trend is typical during mid-cycle consolidations or near local market tops as experienced investors lock in profits.
Market Dynamics: The increased supply from these sales is being largely absorbed by new market participants and short-term holders, and institutional demand, particularly from U.S. spot Bitcoin ETFs, has also seen periods of strong inflows.
Price Prediction & Technicals: The market currently exhibits a bearish short-term technical outlook, with the price trading below key moving averages and technical indicators suggesting a potential for further short-term downside. The potential downside target for a major correction has been suggested around $85,000. However, once this distribution phase concludes, the market could stabilize and form a base for future growth.
Financial Overview
Bitcoin is currently trading at approximately $88,184 with a market capitalization of over $1.76 trillion. The price has been volatile, hitting an all-time high of over $126,000 in October 2025 before consolidating. Exchange net flows currently suggest low immediate selling risk, as fewer coins are moving onto exchanges compared to historical averages, which indicates a holding sentiment among some investors.
