Bitcoin Crash Incoming? Long-Term Holders Dump BTC in Droves as Selling Pressure Builds
Bitcoin faces significant selling pressure as long-term holders (LTHs) have sold approximately 143,000 BTC (worth $9.5 billion) over the past 30 days—the fastest pace since August 2025. This reverses a brief accumulation phase from late 2025. While mid-term holders continue offloading, very long-term holders (5+ years) show signs of stability.
The market has absorbed much of this selling so far, with institutional buyers like spot ETFs purchasing over 40,000 BTC in 2026. However, over 22% of BTC supply is held at a loss, increasing sensitivity to further declines. Macro factors, including unchanged U.S. interest rates and recent ETF outflows of $1.3 billion, add complexity.
Despite the pressure, a full crash is unlikely near-term due to lower leverage, institutional support, and healthier market structure. Bitcoin may consolidate around $88,000–$90,000 before liquidity improves, but continued selling could lead to further downside.
ccn.com01/29 12:24