CryptoQuant Analyst Reveals When Bitcoin Long-Term Holders May Start Selling
The post CryptoQuant Analyst Reveals When Bitcoin Long-Term Holders May Start Selling appeared on BitcoinEthereumNews.com.
A prominent CryptoQuant analyst has identified the point at which Bitcoin long-term holders may start selling their holdings. According to Axel Adler Jr., a verified analyst at CryptoQuant, these seasoned investors usually begin selling their holdings once their profits cross a major threshold, and this could have an impact on Bitcoin’s future price action. When Bitcoin Long-Term Holders Could Start Selling Specifically, Adler pointed out that Bitcoin long-term holders tend to sell when their unrealized profits climb past 300%. Interestingly, this pattern has repeated itself across several Bitcoin bull rallies. For instance, in mid-March 2024, when Bitcoin reached $72,754, the profit ratio for LTHs hit 296.9%. As that number approached the 300% mark, many of them began selling. Notably, their selling pressure contributed to a drop in price, which pulled their profit margins down again. Bitcoin Long-Term Holders Realized Profit and Loss | CryptoQuant Another instance came during the rally between November 2024 and January 2025, fueled by political momentum. During this period, Bitcoin pushed past the $100,000 milestone and hit an all-time high of about $106,000 on Dec. 17, 2024. At that price level, LTHs were sitting on a 357% profit. The spike triggered another round of heavy selling, which again led to a decline in both Bitcoin’s price and their profit ratio. Now, despite Bitcoin currently trading at over $109,000, higher than it did back in December 2024, Adler noted that LTHs are now only up about 215% on average. This gap between price and profit ratio comes from a change in their cost basis. Price at Which Bitcoin Long-Term Holders Could See 300% Profit For context, in December 2024, LTHs had an average entry price of $23,314. This figure has now climbed to $34,400 because many of them bought more Bitcoin at higher prices. While the current…
Filed under: News - @ July 10, 2025 1:17 am