Bitcoin Long-Term Holders Sell 230K BTC in 30 Days

Long-term Bitcoin holders sold 230K BTC in 30 days. Weak demand limits recovery, but price steadies near key historic level.

Aurelien Sage September 10, 2025 - 2:45 PM

Bitcoin long-term holders selling BTC in high volumes

Bitcoin News

Bitcoin long-term holders sold over 230K BTC in 30 days
New demand hasn’t fully absorbed the selling pressure
Price stabilizes near previous all-time high supply zone

Bitcoin long-term holders have unloaded approximately 230,000 BTC in the past 30 days, marking a significant shift in market dynamics. These investors, known for holding their coins through multiple market cycles, are often viewed as a source of price stability. When they start selling in large volumes, it can be an early indicator of changing sentiment or strategic profit-taking.

This wave of selling has put noticeable pressure on the market. While long-term holders are reducing their exposure, new demand has not yet picked up pace to match this influx of supply.

Demand Fails to Match the Selling Volume

Despite the magnitude of the sell-off, demand has shown signs of weakness. Current buyer interest isn’t strong enough to fully absorb the 230K BTC offloaded, which has created temporary imbalance in the market. However, the silver lining lies in the market’s ability to find equilibrium without a major price crash.

The current price action is finding stability around the equivalent of 112K BTC — a level that aligns with the previous all-time high. This suggests that despite the excess selling, the market is respecting historical resistance-turned-support zones.

Long-term holders have sold roughly 230K BTC over the past 30 days.

New demand isn’t strong enough to fully absorb this selling, but price is finding balance around 112K BTC — the level seen at the previous all-time high. pic.twitter.com/0rvqhKesVe
— CryptoQuant.com (@cryptoquant_com) September 10, 2025

What This Means for Bitcoin Going Forward

The ongoing activity highlights a period of transition. Long-term holders reducing their positions may either signal a shift in investor sentiment or could simply reflect profit-taking at resistance levels. Meanwhile, institutional and retail buyers appear cautious, waiting for clearer market signals before stepping in.

If new demand picks up soon, Bitcoin could bounce back strongly. But if buyer interest continues to lag, the market may remain in a consolidation phase. Traders should closely monitor demand-side metrics and on-chain data to better gauge the direction of the next major move.

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