The selling pressure from long-term holders of Bitcoin is continuously increasing. Long-term holders refer to investors who have held BTC for more than 155 days. Recently, they have not only continued to reduce their holdings but are also increasing their selling intensity, with more 'dormant' BTC re-entering the market. This phenomenon is also reflected in market trends, with Bitcoin prices dropping nearly 30% from their historical highs. Currently, the market's ability to absorb this is weakening, ETF funds have turned into net outflows, and retail participation is sluggish, making the impact of this selling pressure on the market more pronounced.
BTCUSDT
Perp
87,994.1
+2.96%
DOGEUSDT
Perp
0.13238
+7.79%
XRPUSDT
Perp
1.9076
+4.90%
