Long-Term Bitcoin Holders Sell 97K BTC in Largest Single-Day Move of 2025
Long-term bitcoin (BTC) holders have intensified their selling in recent weeks, adding pressure to the market.
On Friday, these holders offloaded 97,000 BTC—valued at roughly $3 billion—marking the year’s largest single-day liquidation by long-term investors, according to blockchain analytics firm Glassnode. This activity accounts for much of the recent surge in BTC spending.
The 14-day moving average of coins sold by long-term holders has risen to nearly 25,000 BTC, the highest level since January. Glassnode defines long-term holders as wallets holding BTC for more than 155 days.
Following the sell-off, bitcoin fell 3.7% to $108,000 on Friday, sliding further to $107,400 by early Monday. At the time of reporting, BTC trades near $103,330, down roughly 16% from its all-time high of $124,429, according to CoinDesk data.
Although significant, this profit-taking remains slower than the spikes observed in late 2024, indicating measured selling rather than panic.
Why Long-Term Holders Are Selling
Long-term holders, including wallets dormant for years, have been taking profits since BTC surpassed $100,000 earlier this year. At such high price levels, investors often realize gains, as very few assets globally trade at six-figure valuations.
The activity suggests that the market is adjusting to $100K as a new normal, with BTC likely to experience continued range-bound trading near this level as investors adapt to the elevated valuation.
