Long-Term Holders Dump 400K BTC as Price Slides
400K BTC sold by long-term holders in 30 days as Bitcoin fell to $104K. Short-term traders realized $3B in losses.
- Long-term holders sold 400K BTC in 30 days
- Price dropped to $104K during the selloff
- Short-term holders dumped $3B at a loss
Long-Term BTC Holders Trigger Major Selloff
In a surprising shift in market behavior, long-term BTC holders offloaded 400,000 Bitcoin in the past 30 days, coinciding with a price drop to $104,000. These investors, typically known for their patience and conviction, have begun exiting positions at scale—an action that has intensified volatility and shaken market confidence.
The selling pressure from these seasoned holders suggests a growing fear of further downside, or a calculated move to take profits near cycle highs. Either way, it marks a significant departure from their usual strategy of sitting through corrections.
Short-Term Holders Realize $3B in Losses
While long-term holders took profits or minimized risk, short-term holders panicked, dumping $3 billion worth of BTC at a loss during the same period. These traders, often more reactive to price swings, likely bought in at higher levels and were forced to sell as prices declined—realizing steep losses in the process.
This behavior paints a classic picture of market stress, where experienced players exit strategically, and newer participants capitulate emotionally. The combination of both groups selling simultaneously has amplified Bitcoin’s downward momentum over the past month.
What It Means for Bitcoin’s Next Move
The large-scale exit by long-term holders could signal either a major top forming or a final flush before accumulation resumes. Historically, such selloffs have occurred near major market turning points—either at the end of a bull run or just before a stronger hands-only market rebuilds support.
With Bitcoin now hovering around the $104K level, all eyes are on whether buyer demand returns, or if further corrections are on the horizon. Analysts are closely monitoring exchange inflows, wallet activity, and stablecoin movement to gauge what comes next.
Read Also:
- Bitcoin Price Exhaustion Clouds $125K Year-End Target
- Bitcoin Miners MARA & Hut 8 Report Strong Q3 Profits
- Coinbase Trust Charter Faces Banking Industry Backlash
- Sen. Lummis Calls Market Structure Bill a Game-Changer
- Franklin Templeton Updates XRP ETF Filing Amid Launch Push
