Bitcoin Taker Buy Volume Hits 2024 Lows, May Signal Increased Selling by Sharks and Retail Traders

‘+
”,

// 2
”+

‘+
🚀 Advanced Platform. Real Opportunities.
‘+
Access deep liquidity, fast execution, and powerful order types. Start today.‘+

‘+
”,

// 3
”+

‘+
📈 Make Every Move Count
‘+
From spot to advanced trading tools, unlock a professional-grade experience in minutes.‘+

‘+
”,

// 4
”+

‘+
🧠 Smart Tools for Serious Traders
‘+
Set precise entries, manage risk, and act faster with pro features. Join now.‘+

‘+
”,

// 5
”+

‘+
âš¡ Speed, Depth, Control
‘+
Tap into high-performance trading with robust charting and order execution.‘+

‘+
”,

// 6
”+

‘+
💼 Built for Professionals
‘+
Leverage advanced analytics and a wide selection of assets. Get started now.‘+

‘+
”,

// 7
”+

‘+
📊 Precision Trading, Simplified
‘+
Powerful charts, alerts, and order controls designed to help you execute with confidence.‘+

‘+
”,

// 8
”+

‘+
🔒 Secure. Efficient. Professional.
‘+
Experience a reliable environment to trade the markets your way—anytime.‘+

‘+

];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
// Persist & rotate creatives per session
var sessIndex = parseInt(sessionStorage.getItem(“adsindexProEx”), 10);
var idx = Number.isInteger(sessIndex) ? sessIndex : Math.floor(Math.random() * adscodesPro.length);
adplace.innerHTML = adscodesPro[idx];

// Cycle next index
var next = (idx === adscodesPro.length – 1) ? 0 : idx + 1;
sessionStorage.setItem(“adsindexProEx”, next);
}
})();

  • Taker buy volume at 2024 lows — weak demand could foreshadow a reversal.

  • Sharks and retail cohorts are net sellers, increasing short-term downside risk.

    ‘+
    ”,

    // 2
    ”+

    ‘+
    📈 Trade Smarter, Not Harder
    ‘+
    Advanced charts, precise orders, and real-time insights—start now.‘+

    ‘+
    ”,

    // 3
    ”+

    ‘+
    💼 Built for Active Traders
    ‘+
    Access robust analytics, swift execution, and a wide range of markets.‘+

    ‘+
    ”,

    // 4
    ”+

    ‘+
    âš¡ Speed, Control, Precision
    ‘+
    Set entries, manage risk, and act on opportunities in seconds.‘+

    ‘+
    ”,

    // 5
    ”+

    ‘+
    🧠 Pro Tools for Clear Decisions
    ‘+
    Alerts, order controls, and analytics designed for disciplined execution.‘+

    ‘+
    ”,

    // 6
    ”+

    ‘+
    📊 Elevate Your Strategy
    ‘+
    From scalping to swing, harness data-driven trading with ease.‘+

    ‘+
    ”,

    // 7
    ”+

    ‘+
    🔒 Reliable. Efficient. Pro-Ready.
    ‘+
    Trade your plan in a stable, high-performance environment—anytime.‘+

    ‘+
    ”,

    // 8
    ”+

    ‘+
    🧭 Navigate Volatility with Confidence
    ‘+
    Use advanced order types and risk tools to stay in control.‘+

    ‘+

    ];

    var adplace = document.getElementById(“ads-gateio”);
    if (adplace) {
    // Persist & rotate creatives per session
    var sessIndex = parseInt(sessionStorage.getItem(“adsindexGateio”), 10);
    var idx = Number.isInteger(sessIndex) ? sessIndex : Math.floor(Math.random() * adscodesGateio.length);
    adplace.innerHTML = adscodesGateio[idx];

    // Cycle next index
    var next = (idx === adscodesGateio.length – 1) ? 0 : idx + 1;
    sessionStorage.setItem(“adsindexGateio”, next);
    }
    })();

  • Key metrics: sustained SOPR below 1 and positive shark exchange deposits (≈109k BTC) point to mounting selling pressure.

  • Bitcoin taker buy volume drops to 2024 lows, signaling weak demand—read seller cohort analysis and likely price scenarios. Stay informed.

    Published: 2025-09-XX. Updated: 2025-09-XX. Author: COINOTAG

    What does Bitcoin’s taker buy volume decline mean?

    Bitcoin’s taker buy volume decline means frontline buyer activity is shrinking, indicating reduced market conviction and higher vulnerability to price drops. When taker buy volume falls while sell-side metrics rise, momentum often shifts from bullish to neutral or bearish within weeks.

    ‘+
    ”,

    // 2
    ”+

    ‘+
    âš¡ High-Performance Futures Trading
    ‘+
    Trade with deep liquidity, precise controls, and real-time insights.‘+

    ‘+
    ”,

    // 3
    ”+

    ‘+
    🧠 Smarter Strategies. Better Execution.
    ‘+
    Build positions with leverage responsibly and manage risk with pro-grade tools.‘+

    ‘+
    ”,

    // 4
    ”+

    ‘+
    🚀 Futures Opportunities, 24/7
    ‘+
    Go long or short with confidence. Execute fast and stay in control.‘+

    ‘+
    ”,

    // 5
    ”+

    ‘+
    📊 Precision Tools for Volatile Markets
    ‘+
    Set entries, define stops, and automate alerts for your edge.‘+

    ‘+
    ”,

    // 6
    ”+

    ‘+
    💼 Built for Serious Futures Traders
    ‘+
    Institutional-grade charts, risk controls, and swift order routing.‘+

    ‘+
    ”,

    // 7
    ”+

    ‘+
    🧭 Navigate Volatility with Control
    ‘+
    Hedge, speculate, and rebalance with flexible leverage options.‘+

    ‘+
    ”,

    // 8
    ”+

    ‘+
    🔒 Secure. Efficient. Futures-Ready.
    ‘+
    Trade your plan with reliable execution and comprehensive analytics.‘+

    ‘+

    ];

    var adplace = document.getElementById(“ads-bitget”);
    if (adplace) {
    // Persist & rotate creatives per session
    var sessIndex = parseInt(sessionStorage.getItem(“adsindexBitgetFuts”), 10);
    var idx = Number.isInteger(sessIndex) ? sessIndex : Math.floor(Math.random() * adscodesBitget.length);
    adplace.innerHTML = adscodesBitget[idx];

    // Cycle next index
    var next = (idx === adscodesBitget.length – 1) ? 0 : idx + 1;
    sessionStorage.setItem(“adsindexBitgetFuts”, next);
    }
    })();

    How significant is the recent taker buy volume drop?

    CryptoQuant data shows ten consecutive months of falling taker buy volume, reaching early‑2024 lows. This sustained decline is notable because it measures aggressive buy-side execution; prolonged weakness here historically precedes momentum shifts. Exchanges like Binance exhibited the sharpest declines, highlighting concentrated trader caution.

    Why is SOPR relevant to Bitcoin selling pressure?

    SOPR (Spent Output Profit Ratio) indicates whether spent coins are being sold at profit or loss; a SOPR persistently below 1 shows sellers are realizing losses or not achieving breakeven, which often aligns with selling pressure. Analyst Axel Adler notes SOPR has failed to clear 1 recently, a bearish confirmation of weak buyer follow-through.

    Who is selling Bitcoin now?

    On-chain cohort analysis shows elevated selling from mid‑sized ‘sharks’ and retail holders. Checkonchain metrics report a Sharks to Exchange Balance Change of +109k BTC (net deposits), while retail holder balances trended negative through September. Smaller wallet cohorts—Fish (-7.9k BTC), Crabs (-3.9k BTC), Shrimps (-1.7k BTC)—also recorded outflows at press time.

    ‘+
    ”,

    // 2
    ”+

    ‘+
    📈 Trade With Confidence
    ‘+
    Spot, margin, and precision tools to take control of your strategy.‘+

    ‘+
    ”,

    // 3
    ”+

    ‘+
    🧠 Smarter Tools. Better Decisions.
    ‘+
    Use alerts, depth analytics, and risk controls to act faster.‘+

    ‘+
    ”,

    // 4
    ”+

    ‘+
    âš¡ Fast Execution, Deep Liquidity
    ‘+
    Enter and manage positions with speed and precision—anytime.‘+

    ‘+
    ”,

    // 5
    ”+

    ‘+
    📊 Precision Trading Made Simple
    ‘+
    Clean UI, powerful charts, and flexible order controls for your edge.‘+

    ‘+
    ”,

    // 6
    ”+

    ‘+
    💼 Built for Active Traders
    ‘+
    Analytics, watchlists, and risk tools to support your plan—start today.‘+

    ‘+
    ”,

    // 7
    ”+

    ‘+
    🔔 Never Miss the Move
    ‘+
    Set custom alerts, define entries and exits, and execute with confidence.‘+

    ‘+
    ”,

    // 8
    ”+

    ‘+
    🔒 Secure. Efficient. Pro-Ready.
    ‘+
    Trade your strategy with reliable performance and comprehensive tools.‘+

    ‘+

    ];

    // Mount point & rotation state (renamed keys, no brand in ids/keys)
    var MOUNT_ID = “ads-unit-alpha”;
    var ROT_KEY = “rot_alpha_index_v1”;

    var mount = document.getElementById(MOUNT_ID);
    if (mount) {
    var saved = parseInt(sessionStorage.getItem(ROT_KEY), 10);
    var idx = Number.isInteger(saved) ? saved : Math.floor(Math.random() * creativesPool.length);
    mount.innerHTML = creativesPool[idx];

    var next = (idx === creativesPool.length – 1) ? 0 : idx + 1;
    sessionStorage.setItem(ROT_KEY, next);
    }
    })();

    Bitcoin taker buy volume

    Source: CryptoQuant

    At the time of writing, BTC traded near $113,541 after a 1.16% 24‑hour gain. Despite the short rebound, the demand side remains fragile and the recent upward move faces headwinds from low taker buy volume and active sellers.

    How are wallet cohorts affecting short‑term price action?

    Wallet cohort flows influence supply on exchanges. Sharks’ net deposits increase available supply for market sales. Retail negative balance change suggests small‑holder selling or reduced accumulation. Together, these flows increase immediate sell liquidity and pressure price support levels.

    Bitcoin SOPR

    Source: CryptoQuant

    What are the likely price scenarios for BTC?

    Two outcomes are most plausible based on current on‑chain signals:

    1. Downside scenario: Intensifying seller activity could push BTC below recent support toward $111,054, confirming a short-term reversal.
    2. Range-bound scenario: If selling and low buying pressure persist in balance, BTC may range between $111K and $114K until a clear catalyst emerges.

    What would confirm a sustained uptrend?

    Buyers must reassert control by driving a decisive breakout above $114K and securing daily closes near $115K. Sustained increases in taker buy volume and SOPR above 1 would signal renewed demand and reduce downside risk.

    Sharks exchange balance change

    Source: Checkonchain

    Bitcoin Retail balance change

    Source: Checkonchain

    Frequently Asked Questions

    How long can low taker buy volume persist?

    Low taker buy volume can persist for months, especially during consolidation or when macro sentiment is neutral. Ten consecutive months of decline suggests structural caution among aggressive buyers rather than a short-lived blip.

    Does a SOPR below 1 always mean price will fall?

    No. SOPR below 1 signals coins sold on average at a loss, which often accompanies capitulation or distribution. It is a bearish indicator but must be assessed alongside volume, exchange flows, and macro conditions.

    Which wallet cohorts should traders watch?

    Monitor sharks, whales, and retail cohorts. Sharks’ exchange deposits and retail negative balance changes are currently the clearest near‑term risk signals in the present market environment.

    Key Takeaways

    • Taker buy volume is at 2024 lows: sustained decline suggests weak buy-side momentum and higher reversal risk.
    • SOPR remains below 1: sellers are not consistently profitable, which aligns with distribution pressure.
    • Sharks and retail are selling: net deposits and negative retail balance changes increase short-term downside pressure; watch $111K support and $114K–$115K resistance.

    Conclusion

    Bitcoin taker buy volume and SOPR together paint a cautious near‑term outlook: buyers have not returned in force while sharks and retail cohorts have increased exchange supply. Monitor taker buy volume recovery and SOPR > 1 for signs of a genuine breakout; otherwise, expect possible drift toward $111K or extended range-bound trading between $111K and $114K.

    ‘+
    ”,

    // 2
    ”+

    ‘+
    Advanced Platform. Clear Control.
    ‘+
    Define entries and exits precisely with robust risk management features.‘+

    ‘+
    ”,

    // 3
    ”+

    ‘+
    Speed Meets Liquidity
    ‘+
    Execute with confidence using reliable order routing and depth analytics.‘+

    ‘+
    ”,

    // 4
    ”+

    ‘+
    Pro-Grade Features, Simplified
    ‘+
    Clean UI, alerting, and advanced order types designed for active traders.‘+

    ‘+
    ”,

    // 5
    ”+

    ‘+
    Execute with Discipline
    ‘+
    Leverage risk tools, watchlists, and analytics to stay in control.‘+

    ‘+
    ”,

    // 6
    ”+

    ‘+
    24/7 Opportunities, One Interface
    ‘+
    Build, adjust, and manage positions efficiently—anytime.‘+

    ‘+

    ];

    // Mount and rotation state (new keys, no brand)
    const MOUNT_NODE_ID = “promo-slot-x”;
    const STORAGE_KEY = “cr_rot_seed_x”;

    const mount = document.getElementById(MOUNT_NODE_ID);
    if (!mount) return;

    // Rotate consistently within the session
    const savedIndex = parseInt(sessionStorage.getItem(STORAGE_KEY), 10);
    const idx = Number.isInteger(savedIndex)
    ? savedIndex
    : Math.floor(Math.random() * CREATIVE_SET.length);

    mount.innerHTML = CREATIVE_SET[idx];

    // Next index for subsequent loads
    const next = (idx + 1) % CREATIVE_SET.length;
    sessionStorage.setItem(STORAGE_KEY, String(next));
    })();

    Source: https://en.coinotag.com/bitcoin-taker-buy-volume-hits-2024-lows-may-signal-increased-selling-by-sharks-and-retail-traders/