Bitcoin faces sell-side pressure as long-term holders sell 815K BTC in 30 days
Crypto Briefing
Long-term Bitcoin holders sold 815,000 BTC in the last month, increasing sell-side pressure and hindering price recovery.Summary
Bitcoin is experiencing intensified selling pressure because long-term holders—veteran investors—offloaded 815,000 BTC over the last 30 days while overall market demand remains weak. This significant sell-off by established investors has created an imbalance where increased supply from these holders is outpacing current buyer interest, including inflows from exchange-traded funds and major accumulators. Consequently, this supply-demand imbalance is contributing to downward price pressure and stalling any short-term upward momentum for the cryptocurrency.
(Source：Crypto Briefing)