Bitcoin long-term holders transact 97K BTC in the most significant daily move of 2025.

Long-Term Bitcoin Holders Offload 97K BTC in Largest Single-Day Move of 2025

Long-term bitcoin (BTC) holders have increased their sell-offs in recent weeks, contributing to heightened bearish pressure in the market.

On Friday, these holders liquidated 97,000 BTC, valued at approximately $3 billion, marking the largest one-day long-term holder sell-off of 2025, according to blockchain analytics firm Glassnode. This surge accounts for most of the recent increase in spending activity.

The 14-day moving average of coins sold by long-term holders has climbed to nearly 25,000 BTC, the highest level since January. Glassnode defines long-term holders as wallets holding BTC for over 155 days.

Following the liquidation, bitcoin fell 3.7% to $108,000 on Friday and slipped further to $107,400 by early Monday. At the time of writing, BTC was trading around $103,330, down roughly 16% from its all-time high of $124,429, per CoinDesk data.

While the move is significant, profit-taking remains more measured compared with the rapid spikes seen in late 2024.

Drivers of Profit-Taking
Long-term holders, including wallets dormant for years, have been consistently selling since bitcoin surpassed $100,000 earlier this year. The rationale is simple: few assets trade at six-figure valuations, making profit-taking at these levels a natural investor response.

This trend suggests the market is gradually adjusting to $100K as a benchmark for BTC, with price likely to remain range-bound around this level for some time, allowing investors to acclimate to the elevated valuation.