Bitcoin Updates Today: Veteran Bitcoin Holders Selling Raises Questions: Is the Market Unstable or Undergoing a Tactical Change?
- Bitcoin OG holders are accelerating sales of decade-old BTC stashes, with $1B+ moved from pre-2018 wallets in 2025. - Analysts debate motives: Erik Voorhees sees long-term adoption focus, while Willy Woo cites quantum risk mitigation and SegWit address shifts. - Price volatility intensifies as BTC struggles to reclaim $105k-$106k support, with $722M realized losses and ETF buying ($530M) failing to offset selling pressure. - Historical patterns suggest potential 15-20% corrections, with on-chain expert D
Long-term Bitcoin holders, often referred to as original whales, have ramped up the sale of coins that have been untouched for over a decade. This surge in activity has ignited discussions about whether it points to underlying market weakness or simply reflects strategic rebalancing. Insights from blockchain analytics indicate that
Experts remain split on the implications. Bitcoin proponent Erik Voorhees pointed out that
Price movements have reflected this uncertainty. Bitcoin's inability to reclaim the $105,000–$106,000 support range has caused concern, as
Historical trends further highlight the market's vulnerability. Blockchain specialist Darkfost noted that
While some interpret these sales as a bearish signal, others believe they're a normal phase in Bitcoin's evolution. Voorhees reiterated, "
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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