Bitcoin Long-Term Investors Continue to Sell

The recent volatility observed in Bitcoin (BTC) continues to attract the attention of investors. Recent data indicates an increase in the selling tendencies of long-term investors, and this situation clearly reveals its effects on the price.

According to data from the on-chain analytics platform Glassnode, long-term Bitcoin investors have been heavily inclined to sell since July. This situation may potentially weaken the upward momentum of the market. According to analysts, the selling actions of long-term holders (LTH) emerge as a significant factor in the market dynamics. The latest report published by Glassnode emphasizes that these selling trends, which have been ongoing since July 2025, are one of the main reasons why the euphoric phase has become unsustainable.

Since October 15, the amount of Bitcoin divested from the market by long-term investors has been recorded at 28,000 BTC. This amount has created a clear pressure on the market as it is greater than the number of coins transferred to short-term investors. Analysts express that this situation indicates a maturation phase where investors are taking profits.

According to data provided by Glassnode, the average monthly selling volume of long-term investors has increased from 12,500 BTC per day at the beginning of July to 22,500 BTC as of October. This increase demonstrates that the selling pressure has been growing steadily since July. Furthermore, recent assessments indicate that long-term investors have realized the highest profits in this cycle since the 2016-2017 period, and comments are being made about the market entering a late-cycle phase.

For investors under these conditions, it is critically important to monitor market dynamics. If the selling pressure from long-term investors continues, it will be vital to observe the price movements of Bitcoin (BTC) and potential support and resistance levels in order to create a healthy roadmap for investment decisions.