Altcoins News
By Evie Vavasseur
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Profit-Taking by the Most Patient Bitcoin Investors. According to blockchain analytics firm Glassnode, the latest selling activity came from long-term…
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A Shift in Who’s Selling. The interesting twist? This latest wave of selling didn’t come from the same group that led the…
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Why It Matters for Bitcoin’s Market Dynamics. When newer long-term holders take profits, it often signals short-term speculative behavior.
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How Realized Profit Is Measured. Glassnode defines realized profit as the difference between the selling price and the cost basis…
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The Cooling Effect in August. After peaking in July, realized profit among 3–5 year holders has declined in early August.
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Price Implications Going Forward. The behavior of long-term holders often plays a significant role in Bitcoin’s price stability:
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Conclusion. The recent Bitcoin profit-taking spree, led by holders from the 2020–2022 buying period, marks one…
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On-chain data reveals that Bitcoin’s recent profit-taking wave was driven by investors from the previous market cycle rather than newer holders — a sharp contrast to earlier…
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According to blockchain analytics firm Glassnode, the latest selling activity came from long-term holders (LTHs) — investors who have kept their Bitcoin dormant for more than 155…
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Statistically, the longer a Bitcoin remains untouched in a wallet, the less likely it is to move.
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Glassnode’s latest data shows that in July 2025, the 7-day moving average (7DMA) of realized profit for long-term holders consistently stayed above $1 billion per day.
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The interesting twist? This latest wave of selling didn’t come from the same group that led the November–December 2024 profit-taking spree.
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Late 2024: Selling was led by holders in the 6–12 month age range — meaning relatively new long-term holders. Many of these investors were early buyers of the U.S.
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Mid-2025: The recent surge, however, was driven by holders in the 3–5 year age band. These are investors who entered the market between 2020 and 2022, during the previous price…
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This distinction is key because it suggests that the current rally has been strong enough to tempt older, more patient holders — the kind who often wait years before cashing out.
The Currency Analytics
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