Bitcoin experienced a 3% price dip in the past 24 hours due to selling pressure from long-term holders, marking the sharpest monthly drawdown since July 2025. This volatility tests key support at $110k, influenced by profit-taking after prices held above $100k for 128 days.
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Long-term holders sold 325,600 BTC in the last 30 days, per crypto analyst Maartun.
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Bitcoin’s price is retesting the $110k realized price for 3-6 month holdings for the third time in ten days.
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Spot trading volume has increased, signaling healthier market participation without heavy leverage.
Bitcoin long-term holders selling pressures price amid volatility: Explore the 3% dip, key supports at $110k, and implications for future trends. Stay informed on BTC market dynamics.
What is causing the recent Bitcoin price dip from long-term holders?
Bitcoin long-term holders selling has driven a noticeable 3% price decline over the past day, as holders offload positions amid market uncertainty ahead of the FOMC meeting. This activity represents the sharpest monthly drawdown since July 2025, with 325,600 BTC transferred out of long-term wallets. Analysts attribute this to profit-taking after BTC maintained levels above $100k for 128 consecutive days since June 24, 2025.
How does long-term holder behavior impact Bitcoin’s volatility?
Long-term holders, defined as those holding BTC for over 155 days, typically provide market stability, but recent data shows a shift. Over the past 30 days, these investors have reduced their positions by 325,600 BTC, according to crypto analyst Maartun. This drawdown is the most significant since July 2025, reflecting weakened bullish conviction despite sustained high prices. Supporting statistics from on-chain metrics indicate that short-term holders have absorbed some of this supply, but the overall selling pressure has heightened volatility. Expert observations, such as those from Maartun, highlight that such movements often precede range-bound trading, with potential retests of critical support levels.
Frequently Asked Questions
What factors are driving Bitcoin long-term holders to sell now?
Bitcoin long-term holders are selling primarily due to profit-taking opportunities after 128 days above $100k, coupled with anticipation of the FOMC meeting. Data shows 325,600 BTC offloaded in the last month, the steepest decline since July 2025, as noted by analyst Maartun, signaling reduced confidence in immediate upside.
Is the increased spot trading volume a positive sign for Bitcoin’s market health?
Yes, the surge in Bitcoin spot trading volume indicates stronger, less leveraged participation following October’s deleveraging events. As analyst Darkfost from CryptoQuant Insights explains, this shift reduces reliance on speculative interest, potentially leading to more stable rallies compared to high Open Interest scenarios.
Key Takeaways
- Sharp Selling from Long-Term Holders: Over the past 30 days, long-term holders have shed 325,600 Bitcoin, the largest monthly drawdown since July 2025, contributing to heightened market volatility.
- Critical Support at $110k: Bitcoin is retesting the realized price for 3-6 month holdings, a level defended twice in the last ten days, with a break below signaling short-term bearish risks.
- Positive Spot Volume Trends: Increased spot trading reflects healthier investor behavior, avoiding leverage pitfalls and supporting potential for sustained price recovery.
Key Takeaways
Why did Bitcoin see increased volatility in the past 24 hours?
The price of Bitcoin dipped by 3% over the past day due to selling from long-term holders and a short pullback before the FOMC meeting.
Why is the $110k support vital?
It was the realized price for the 3-6 month age band, and this realized price was being retested for the third time in ten days.
Over the past 30 days, long-term holders (LTHs) have shed 325,600 Bitcoin [BTC], noted crypto analyst Maartun.
In a post on X (formerly Twitter), the analyst revealed that this was the sharpest monthly drawdown since July 2025.
Source: Maartun on X
The selling pressure from long-term holders was not what investors would be hoping for after the liquidation event of the 10th of October.
A recent COINOTAG report showed that 270k Bitcoin, which had been dormant for 7+ years, had moved in 2025.
This was likely driven mostly by profit-taking activity from LTHs. Some movement was also possible for security purposes or internal reorganizations.
With BTC prices above the $100k psychological level since the 24th of June, a run of 128 days, the profit-taking tendency revealed weakened LTH bullish conviction.
Source: Maartun on X
Analyst Maartun observed a flurry of movement from coins dormant for 3-5 years, which was the third such spike in just the past two days. In the most recent uptick, 4.7k BTC were moved.
Will this sustained selling force Bitcoin into a downtrend?
Source: CryptoQuant
In a CryptoQuant Insights post, analyst Darkfost pointed to the increased spot trading volume as a sign of market health.
After the violent deleveraging earlier in October, an increased spot trading volume was a welcome sign that investors see leverage as risky.
A spot-driven rally would be stronger and less volatile than one that pulls in a lot of speculative interest and high Open Interest.
The build-up of liquidation levels around the price would induce liquidity hunts and higher volatility.
However, given the range-bound price action of Bitcoin, market participants must remember that high spot volume does not automatically equate to buyer dominance.
Source: CryptoQuant
At the time of writing, Bitcoin was testing the realized price of $110.1k (cyan) for the 3-6 month age band. This was a critical support level, and has already been tested twice before within the past ten days.
A price move below $110k by the Thursday daily session close would be an alarming short-term signal.
The next realized price support (yellow), for investors who bought and held BTC in the past 6–12 months, is at $93.3k. This marked it as an important on-chain support level to watch.
On-chain data from platforms like Glassnode and CryptoQuant further corroborates these trends, showing that dormant Bitcoin movements, particularly from 3-5 year old wallets, have spiked recently. For instance, in the latest event, 4,700 BTC were transferred, adding to the supply pressure. This activity, while not uncommon in bull markets, underscores a cautious stance among veteran investors who may be locking in gains before potential macroeconomic shifts.
The interplay between long-term holder selling and short-term holder accumulation is a classic dynamic in Bitcoin’s market cycles. Short-term holders, often more reactive to price swings, have increased their positions slightly, absorbing some of the sold BTC. However, the net effect has been a 3% dip, pushing BTC toward the $110k threshold. Market observers, including those from CryptoQuant, emphasize that while spot volume is rising—a positive for organic demand—the absence of strong buying pressure could prolong this consolidation phase.
Looking at broader context, Bitcoin’s resilience above $100k for over four months highlights underlying strength. Yet, the FOMC meeting looms as a pivotal event, where interest rate decisions could influence risk assets like BTC. If holders continue offloading at this juncture, it might signal broader profit-taking ahead of any policy tightening. Conversely, a hold above $110k could restore confidence, encouraging fresh inflows from institutional players who view dips as entry points.
Expert commentary from analysts like Darkfost reinforces the importance of spot-driven activity. In periods of high leverage, as seen earlier in October with significant liquidations, volatility spikes uncontrollably. The current uptick in spot volume, post-deleveraging, suggests a maturing market where participants prioritize fundamental value over speculation. This could mitigate downside risks if selling eases, potentially setting the stage for a more measured uptrend.
Historically, similar drawdowns from long-term holders have preceded periods of sideways trading rather than outright downtrends. For example, in mid-2025, a comparable event led to a two-week consolidation before resuming upward momentum. Current metrics, including UTXO age band analysis, position $110k as a make-or-break level. A breach might activate further sales from the 6-12 month cohort, targeting $93.3k, but strong historical support there could cap losses.
Investors monitoring these developments should focus on on-chain indicators for real-time insights. The movement of ancient coins, like the 270,000 BTC dormant for over seven years reported in COINOTAG analyses, often ties to strategic decisions such as wallet security upgrades or estate planning, not always pure selling. Nonetheless, the cumulative effect amplifies short-term pressures on price.
Conclusion
The recent Bitcoin long-term holders selling has introduced volatility, with a 3% dip testing the vital $110k support amid profit-taking after 128 days above $100k. As spot trading volume rises, signaling healthier dynamics, the market awaits FOMC outcomes that could dictate the next move. Watch key on-chain levels closely; holding $110k may pave the way for recovery, urging investors to stay vigilant in this evolving landscape.
