Long-Term Holders Sell $43 Billion in Bitcoin, But Bulls Aren’t Worried

Long-term Bitcoin holders have continued to offload their assets over the past month, selling more than $43 billion worth of BTC.

The wave of profit-taking comes as “Red October” tested investor conviction and dampened demand across the market. Yet analysts argue this doesn’t signal a market top.

According to data from CryptoQuant, long-term Bitcoin holders have offloaded approximately 405,000 BTC over the past month, equivalent to more than $43 billion in realized value.

“We have seen similar scenarios back in March of 2024, and in December 24 /January 2025,” Bitcoinsensus added.

Long-Term Holders have offloaded 405,000 BTC in the past 30 days