Analyst: Bitcoin long-term holders have reduced their holdings for 7 consecutive weeks, while the market continues to absorb the supply
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AT A GLANCE
Analysts say that Bitcoin long-term holders have sold for 7 consecutive weeks, but new demand is still absorbing the supply.
Article
Analyst: Bitcoin long-term holders take profits as the market absorbs 7 weekly selling pressure
PANews October 6 reported that crypto analyst Axel Adler said that data shows Bitcoin long-term holders (LTH) long-term holders are gradually taking profits as BTC prices rise, while new demand is still able to absorb the supply released into the market. Holdings have declined for the 7 consecutive week, but this has not yet hindered BTC price gains, and the market is still absorbing the supply released by long-term holders. Axel Adler pointed out that, compared with 2025 year November long-term holders reducing their holdings by approximately 1070000 coins BTC in BTC if long-term holder selling again reaches several hundred thousand BTC while February price gains stop, it could indicate that the market's ability to absorb supply is declining. In addition, the long-term holder holdings-change metric remained positive from this year's August to the beginning of May long-term holders accumulated approximately 1200000 coins BTC....
PANews quoted crypto analyst Axel Adler as saying that Bitcoin long-term holders are gradually taking profits as the BTC price rises.
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The article states that long-term holders have reduced their holdings for 7 consecutive weeks, but have not yet hindered the BTC price increase.
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The article states that current new demand can still absorb the supply released by long-term holders.
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and 2025 years November long-term holders sold approximately 1070000 coins BTC Compared with this, the article states that the current scale of selling is relatively limited.
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The article states that this year February through August early on, the long-term holder position change metric remained positive;May long-term holders accumulated approximately 1200000 coins BTC。
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The article states that if long-term holders sell hundreds of thousands of BTC in the future, while BTC prices stop rising, it may indicate that the market's ability to absorb supply is declining.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Long-term holders are investors who have held Bitcoin for a relatively long period. Citing Axel Adler, the news states that they have recently been selling gradually as prices rise, but new demand can still absorb this supply for now.
Why it matters to readers
Selling by long-term holders increases market supply; current news indicates that new demand can still absorb the supply. If the scale of selling expands and BTC prices stop rising, the news suggests that the market’s absorption capacity may weaken.
This indicates that some older investors may choose to sell for profit when prices rise; whether new buying demand can absorb the sell-side pressure is one area to monitor for market changes.
Risks and unknowns
The original on-chain data was not provided in the supplied materials, so the relevant figures cannot be independently verified.
The statistical methodology for the long-term holders' holdings change metric is not specified.
The full article content was not provided, so the report's analytical argumentation is incomplete.
The specific method for measuring whether "new demand can still absorb supply" is not specified.
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Long-term holders (LTH）
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