{"id":45187,"date":"2025-09-02T05:46:52","date_gmt":"2025-09-02T05:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45187"},"modified":"2025-09-02T05:46:52","modified_gmt":"2025-09-02T05:46:52","slug":"bitcoin-long-term-holders-spend-97k-btc-in-largest-one-day-move-of-2025","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45187","title":{"rendered":"Bitcoin Long-Term Holders Spend 97K BTC in Largest One-Day Move of 2025"},"content":{"rendered":"
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Long-term bitcoin (BTC) holders have stepped up their liquidations in recent weeks, adding to bearish pressures in the market.<\/p>\n

On Friday, these so-called patient holders offloaded 97,000 BTC (nearly $3 billion), marking the largest single-day long-term holder sell-off of the year, which accounts for the bulk of the recent increase in spending activity, according to blockchain analytics firm Glassnode.<\/p>\n

The 14-day moving average of coins spent by long-term holders has jumped to nearly 25,000 BTC, the highest since January.<\/p>\n

Glassnode defines long-term holders as those with a history of owning coins for over 155 days.<\/p>\n

\"BTC's<\/p>\n

Bitcoin’s price fell by over 3.7% to $108,000 on Friday and continued to decline to $107,400 early Monday. As of the time of writing, the cryptocurrency was trading at $103,330, still down 16% from its record high of $124,429, according to CoinDesk data.<\/p>\n

Note that the profit-taking operation is still notably slower than the spikes observed in late 2024.<\/p>\n

What’s driving the profit-taking?<\/h2>\n

Long-term holders, including wallets that have been dormant for years, have been consistently selling since bitcoin broke above $100,000 early this year. One explanation for this profit-taking can be rooted in investor psychology.<\/p>\n

Think of it this way: how many assets in the world trade at $100K per piece? Perhaps very few that you can quickly count on your fingers. Therefore, it is logical for investors to feel that $ 100,000 per BTC is too expensive, prompting them to take profits.<\/p>\n

It also means that the market will likely take time to adjust to $100K as the new normal for BTC. We could continue to see broad range trading around the six-figure price mark for some time, allowing investors to acclimatize to this elevated valuation.<\/p>\n

Read more: \u2018OP_CAT Isn\u2019t My Invention. It\u2019s Satoshi\u2019s,\u2019 Says Bruce Liu as OPCAT_Labs Pushes to Reboot Bitcoin\u2019s Code<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Long-term bitcoin (BTC) holders have stepped up their liquidations in recent weeks, adding to bearish pressures in the market. On Friday, these so-called patient holders offloaded 97,000 BTC (nearly $3 billion), marking the largest single-day long-term holder sell-off of the year, which accounts for the bulk of the recent increase in spending activity, according to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45187","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45187"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45187\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}