Bitcoin experienced the most intense long-term holder sell-off on record in early 2025. Data shows that in just 30 days, 1.14 million BTC were sold, meaning nearly $300 billion worth of Bitcoin re-entered the market.
From on-chain indicators, the situation is gradually easing. The supply ratio of long-term to short-term holders has fallen to -0.53, which typically signals that selling pressure is peaking and the market is entering a bottoming phase.
But frankly, there shouldn't be high expectations for a rebound in the short term. At this pace, the first and second quarters are likely to remain volatile and consolidating, with a significant upward move possibly not coming until the third quarter. Currently, more energy is being accumulated for the subsequent market rally.
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GhostWalletSleuth
· 5h ago
1.14 million coins have been dumped, the old hodlers are really scared now.
300 billion is poured in, we're just waiting to absorb the chips.
Q3 is the only show? Then I'll go to sleep first.
This wave is indeed a bit fierce, but hitting the top is a good sign.
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DustCollector
· 01-10 04:58
Old coin holders are selling off, this wave is really fierce
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SatoshiNotNakamoto
· 01-10 04:57
1.14 million coins have run away, and $300 billion is gone just like that. Fellow investors, this time everyone is truly panicking.
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FomoAnxiety
· 01-10 04:56
1,140,000 coins dumped, I almost peed my pants... But looking at the indicators, it really seems like the final kneel before bottoming out.
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GateUser-75ee51e7
· 01-10 04:55
1.14 million coins dumped, this move is really fierce. However, the -0.53 data looks somewhat reassuring, and the bottom signal is still quite clear.
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Wait, do we have to wait until Q3 again? Is the market dragging on this much? I’m starting to feel overwhelmed.
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Bottoming out... I’ve heard this phrase too many times, but this time the data is indeed different. Let’s see how it develops later.
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Dumping 300 billion is really bold. Are long-term holders really giving up? Or is this the last dip before bottoming out?
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Q3 is when the action happens? Then let’s just stay flat for now; I’m best at sideways trading anyway.
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The selling pressure has peaked, which is a good sign. The bottom should be nearby.
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GovernancePretender
· 01-10 04:52
Has the selling pressure peaked? Then just wait to be repeatedly harvested; anyway, I'm used to it.
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PumpDetector
· 01-10 04:44
ngl the -0.53 ratio screaming bottoming signals but everyone's gonna fomo in too early anyway... seen this movie before, Mt. Gox vibes all over again tbh
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DefiEngineerJack
· 01-10 04:30
ngl, that -0.53 ratio is basically screaming capitulation but the market's still gonna grind sideways for months? *sigh* empirically speaking, these accumulation phases never compress the timeline like people think they will
Bitcoin experienced the most intense long-term holder sell-off on record in early 2025. Data shows that in just 30 days, 1.14 million BTC were sold, meaning nearly $300 billion worth of Bitcoin re-entered the market.
From on-chain indicators, the situation is gradually easing. The supply ratio of long-term to short-term holders has fallen to -0.53, which typically signals that selling pressure is peaking and the market is entering a bottoming phase.
But frankly, there shouldn't be high expectations for a rebound in the short term. At this pace, the first and second quarters are likely to remain volatile and consolidating, with a significant upward move possibly not coming until the third quarter. Currently, more energy is being accumulated for the subsequent market rally.