coin-img-ETHETH-3.02%coin-img-BTCBTC-2.34%coin-img-SOLSOL-1.86%coin-img-XRPXRP-2.71%coin-img-USDCUSDC+0.04%coin-img-HYPEHYPE+0.94%coin-img-DOGEDOGE-3.62%coin-img-TRXTRX-0.55%coin-img-ETHETH-3.02%coin-img-BTCBTC-2.34%coin-img-SOLSOL-1.86%coin-img-XRPXRP-2.71%coin-img-USDCUSDC+0.04%coin-img-HYPEHYPE+0.94%coin-img-DOGEDOGE-3.62%coin-img-TRXTRX-0.55%coin-img-ETHETH-3.02%coin-img-BTCBTC-2.34%coin-img-SOLSOL-1.86%coin-img-XRPXRP-2.71%coin-img-USDCUSDC+0.04%coin-img-HYPEHYPE+0.94%coin-img-DOGEDOGE-3.62%coin-img-TRXTRX-0.55%coin-img-ETHETH-3.02%coin-img-BTCBTC-2.34%coin-img-SOLSOL-1.86%coin-img-XRPXRP-2.71%coin-img-USDCUSDC+0.04%coin-img-HYPEHYPE+0.94%coin-img-DOGEDOGE-3.62%coin-img-TRXTRX-0.55%

Bitcoin long-term holders cut selling to a two-year low, easing market overhang

ChainCatcher, citing CoinDesk, reported that CryptoQuant data shows a sharp slowdown in selling by Bitcoin "OG" investors—holders who have kept BTC for more than five years. Their 90-day average sell volume has fallen to 962 BTC, the lowest since November 2024. Analysts said that in the bull cycle that began in early 2023, these long-term holders offloaded a record amount of Bitcoin. Selling spiked repeatedly during major rallies in May 2024, February 2025 and September 2025, with single-day sales topping 142,000 BTC. Bitcoin is now trading around $63,000, close to the breakeven level for coins acquired by this cohort roughly five years ago. Their recent preference to hold rather than sell has helped reduce downside pressure. Spot ETF outflows have also moderated over the past two weeks, reinforcing signs that selling pressure is fading.
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