Long-Term Bitcoin Holders Resume Selling

Baystreet
2026.01.28 15:41
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Long-term Bitcoin holders have resumed selling, offloading 143,000 BTC in the past 30 days, the highest in five months. This selling trend coincides with Bitcoin's 30% price drop since last October, raising concerns of capitulation. Analysts suggest that while this may indicate a potential market bottom, further declines could occur. Bitcoin's price remains significantly lower than other assets like gold and silver, increasing downside risks. Additionally, with 15 million BTC in profit, more selling may happen as investors seek to secure profits. Bitcoin is currently priced at $90,275.