Long-term holders of bitcoin (BTC) seem to ended their selling spree, a change in strategy that's helped convert the psychological $100,000 resistance price into a support level for the first time.
People who have owned bitcoin (BTC) for more than 155 days, on average, have been identified as long-term holders. They are considered "smart money" because they tend to buy when bitcoin prices are depressed and sell into strength, a pattern that's been observed over the past four months, according to CoinDesk research in December.
In September, this cohort held 14.2 million BTC. It now holds 13.1 million BTC. While the investors held back around the start of the year, sales have picked up again in recent days as the price rose, though at a reduced pace.
The trend to watch out for is when they stop selling. This tends to mark a top in the cycle, which has occurred in 2013, 2017, 2021 and 2024.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
![[Multi SUB] (Full Episode) A beautiful internet celebrity never expected that the guy who was looked down upon as a good-for-nothing would turn out to be a billionaire? ! #counterattack#MiniDrama #Wonderful mainland short drama](/uploads/2026/10/12/cryptocurrencies-news/videos/origin_6acc77b37bebb_image_500_375.webp "[Multi SUB] (Full Episode) A beautiful internet celebrity never expected that the guy who was looked down upon as a good-for-nothing would turn out to be a billionaire? ! #counterattack#MiniDrama #Wonderful mainland short drama")
