#FOMCMeeting #MarketPullback #Write2Earn A wave of Bitcoin selling by long-term holders (LTHs) has captured the crypto community’s attention.
According to data shared by CryptoQuant analyst Maartunn, long-term investors have sold roughly 405,000 BTC over the past 30 days — marking one of the largest outflows from “diamond hands” in 2025.
That’s more than $28 billion (at $70,000 per BTC) shifting hands in just a month — a sign that market sentiment among early holders may be shifting.
📉 What the Data Suggests
Long-term holders (those who hold Bitcoin for 155 days or more) are often seen as the backbone of BTC’s price stability. When they start selling, it can signal:
1. Profit-taking at cycle highs
2. Reallocation into altcoins or stable assets
3. Anticipation of short-term market corrections
Maartunn’s data suggests that while short-term holders (STHs) are still accumulating, older wallets have started offloading — potentially locking in gains after Bitcoin’s recent price rallies.
💡 Why It Matters
Large-scale selling by LTHs doesn’t always indicate panic — sometimes, it’s part of a natural rotation cycle in the Bitcoin market. Historically, these phases occur near local tops or before major consolidation periods.
If history repeats, this could be a short-term cooling-off period before Bitcoin’s next leg upward.
However, if selling pressure intensifies, it could lead to:
A temporary dip in BTC’s price
Increased volatility as new investors absorb liquidity
Opportunities for dollar-cost averaging (DCA) at lower levels
🔍 Historical Context
During previous bull runs — notably 2017 and 2021 — similar LTH sell-offs occurred right before a mid-cycle correction. Once the selling slowed, Bitcoin often rebounded stronger, supported by renewed retail demand and institutional accumulation.
This pattern could be repeating itself in 2025, as BTC consolidates after months of upward movement fueled by ETF inflows and rising network activity.
🧠 Market Insight: A Healthy Reset?
While 405,000 BTC sounds alarming, it may actually be a healthy reset for the market. Liquidity rotation allows new buyers to enter, while long-term investors de-risk and rebalance.
Traders should watch for:
📊 Exchange inflows/outflows — to gauge ongoing sell pressure
💵 Stablecoin supply growth — a sign of buying power waiting on the sidelines
🔥 On-chain realized profit/loss metrics — to identify capitulation or accumulation zones
🪙 Bitcoin at a Glance
Metric Value
Price (as of Nov 3, 2025) ~$70,200
Total BTC Sold by LTHs (30D) ~405,000 BTC
Total BTC Supply Held by LTHs ~14.6 million BTC
Market Sentiment Neutral to Slightly Bearish
Exchange Netflow Trend Increasing inflows (mild sell pressure)
📈 What Traders Should Watch Next
1. BTC Dominance: If dominance drops, capital could rotate into large-cap altcoins.
2. Funding Rates: Elevated funding may suggest overheated long positions.
3. Macro Events: U.S. CPI and Fed policy updates remain key for risk sentiment.
For now, Bitcoin remains above major support levels, with long-term charts still signaling a macro uptrend.
