Bitcoin Long-Term Holders Sell Record 815K BTC as Demand Weakens

• Record Selling by LTHs: 815,000 BTC offloaded in 30 days, the peak for 2025 so far.

• Declining demand evident from ETF outflows and contracting spot interest, unlike previous absorption periods.

• Profits realized reached $3 billion on November 7, with minimal losses, signaling potential ongoing pressure near the $100,000 support level.

Bitcoin long-term holders selling surges to 815,000 BTC in 30 days amid demand drop. Explore impacts on price and market sentiment in this CryptoQuant analysis. Stay informed on BTC trends—read now for investment insights.

What Is Driving Bitcoin Long-Term Holders Selling in 2025?

Bitcoin long-term holders selling has intensified this year, with holders offloading around 815,000 BTC in the past 30 days, the highest volume since January 2024, as reported by the analytics platform CryptoQuant. This activity reflects profit-taking amid a bearish market shift, where demand has weakened compared to earlier bull cycle phases that easily absorbed supply. The selloff contributes to price pressure as Bitcoin hovers near its 365-day moving average of $102,000, a key support level.

How Has Institutional Demand Affected Bitcoin Long-Term Holders Selling?

Declining institutional demand has amplified the effects of Bitcoin long-term holders selling, with net purchases falling below daily mining supply for the first time in seven months, per CryptoQuant data. In October alone, long-term holders sold nearly 405,000 BTC, valued at $43 billion, including significant whale transactions like one address transferring 13,004 BTC. This movement to exchanges, such as 1,200 BTC worth $132 million sent to Kraken in late October, has piled on selling pressure. Expert analysis from CryptoQuant highlights that while spot demand contracted around October 8 before rebounding, stablecoin liquidity growth has slowed, failing to support previous trends. Additionally, the October 10 price crash turned momentum metrics bearish, marking three key factors in the overall bearish sentiment as Bitcoin approaches the $100,000 mark. Despite this, some market observers view the redistribution of coins to institutions and traditional finance as a healthy bull market phase, potentially benefiting retail clients in the long term.

Long-term holders are selling hard.

~815K BTC sold in the past 30 days, the highest level since Jan 2024.

With demand contracting, this sell-side pressure is weighing on the price pic.twitter.com/jFODp4ZA1p

— CryptoQuant.com (@cryptoquant_com) November 13, 2025

The platform’s report further details that on November 7, long-term holders realized about $3 billion in profits, a level comparable to October’s figures, suggesting sustained selling pressure. Net realized losses remain negligible, which CryptoQuant interprets as a precondition for forming a price bottom, though failure to hold above the 365-day moving average could trigger a deeper correction. This average has served as ultimate support in the current bull cycle, only breached late in the 2021-2022 bear market.

Red October challenged investor confidence across the crypto space, with the profit-taking wave underscoring a test of conviction. Whale activities, like a Satoshi-era holder liquidating $1.5 billion in Bitcoin after 15 years, exemplify this trend. Erik Voorhees, founder of ShapeShift, emphasizes that the focus should remain on Bitcoin’s path to monetary dominance and broader adoption rather than short-term fluctuations. CryptoQuant notes that while immediate demand is insufficient to absorb the supply at higher prices, historical patterns show resilience in bull markets.

Frequently Asked Questions

What Factors Contributed to the Recent Surge in Bitcoin Long-Term Holders Selling?

The surge in Bitcoin long-term holders selling stems from profit realization amid a bearish shift, including the October 10 price crash, spot demand contraction starting October 8, and slowed stablecoin liquidity growth. CryptoQuant data shows 815,000 BTC sold in 30 days, with $3 billion in profits booked on November 7, reflecting strategic exits near key support levels without significant losses.

Is the Bitcoin Long-Term Holders Selling Wave a Bearish Signal for the Market?

While the Bitcoin long-term holders selling wave adds downward pressure due to weak demand absorption, it may represent redistribution to institutions and retail in a bull cycle, according to CryptoQuant. With prices testing the $102,000 moving average and minimal realized losses, this could signal a potential bottom formation, though a break below might accelerate corrections—investors should monitor ETF flows and whale movements closely.

Key Takeaways

• Record Selloff Volume: Long-term holders offloaded 815,000 BTC in 30 days, the highest in 2025, equating to substantial profit realization without deep losses.
• Demand Challenges: Spot demand decline and ETF outflows contrast with past cycles, intensifying pressure near the $100,000-$102,000 support zone.
• Market Resilience Insight: View this as potential coin redistribution to new investors; track the 365-day moving average for bottom signals and consider long-term adoption trends for strategic positioning.

Conclusion

In summary, the ongoing Bitcoin long-term holders selling in 2025, driven by profit-taking and institutional demand shifts as detailed by CryptoQuant, underscores a pivotal market moment testing the $102,000 support. With bearish factors like slowed liquidity and whale transfers in play, yet signs of a possible bottom via low losses, the crypto landscape remains dynamic. Investors should prioritize Bitcoin’s adoption trajectory for enduring value—consider diversifying holdings and staying updated on analytics to navigate volatility effectively.