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Long-Term Bitcoin Holders Unload 97,000 BTC in Year’s Biggest Move, Pressuring Price

On-chain data indicates the selling remains within this cycle’s range, below late‑2024 extremes.

Overview

  • Glassnode says long-term holders—defined as addresses holding coins for more than 155 days—moved roughly 97,000 BTC on Aug. 29, marking 2025’s largest single-day LTH spend.
  • The one- to two-year cohort accounted for about 34,500 BTC of the spike, with notable contributions of roughly 16,000 BTC each from the six- to 12-month and three- to five-year groups.
  • The 14-day moving average of long-term holder spending has climbed to nearly 25,000 BTC, the highest reading since January.
  • Bitcoin fell to about $108,000 on Friday and near $107,400 early Monday following the spike in selling, with reports noting further intraday variation.
  • Corporate treasuries continued to add during the drawdown, including Goobit Group AB (+1.0197 BTC to 11.6491 BTC) and Satsuma Technology (+22.65 BTC to 1,148.65 BTC).