Long-term holders turn net accumulators, easing a major bitcoin headwind

During this current correction, long term holders have sold over 1 million BTC, the largest sell pressure event from this cohort since 2019. What to know : Long-term holders have recorded a positive 30-day net position change, accumulating around 33,000 BTC as recent buyers mature into holders. During this current correction, long term holders have sold over 1 million BTC, the largest sell pressure event from this cohort since 2019. This marked the third major wave of long term holder selling this cycle, following distribution in March and November 2024.