The post Bitcoin On-Chain Data May Signal Bearish Divergence as Long-Term Holders Sell and Adoption Slows Near $115K appeared on BitcoinEthereumNews.com.

Bitcoin bearish divergence is a condition where price nears new highs while on-chain indicators—like Coin Days Destroyed, Active Addresses, and Transaction Count—show weakening fundamentals. This suggests profit-taking by long-term holders and speculative activity, signaling increased downside risk despite near‑$115K prices. Coin Days Destroyed hit an 18‑month high, indicating long-term holders are selling into strength. Active Bitcoin addresses fell to an 11‑month low, showing weaker retail adoption despite price gains. Transaction Count surged to yearly highs but was driven by low‑value speculative activity (e.g., Runes), not broad economic use. Bitcoin bearish divergence: on-chain indicators show long-term holders selling and adoption slipping—read the on-chain breakdown and risk signals from COINOTAG. What is Bitcoin bearish divergence? Bitcoin bearish divergence occurs when price rises or forms new highs while key on‑chain indicators decline, revealing a disconnect between market valuation and network health. This pattern often points to profit‑taking by experienced holders and growing speculative participation, increasing the risk of price correction. How do on‑chain indicators signal sell pressure and weakening adoption? On‑chain metrics provide direct insight into participant behavior. Upward spikes in Coin Days Destroyed (CDD) show coins held long-term are moving, often indicating profit‑taking. Simultaneous drops in Active Addresses suggest fewer unique users are transacting, pointing to waning adoption. When Transaction Count rises but average transaction size falls, it signals speculative, low‑value activity rather than meaningful economic use. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;…

---

Filed under: News - @ September 20, 2025 6:26 pm