Long-term Bitcoin holders sold nearly $300 billion worth of BTC in 2025, but as this sell pressure declines, a bullish outlook for 2026 has emerged.
Bitcoin’s long-term holders (LTHs) went through one of the most aggressive distribution phases on record in 2025. While the scale of selling rattled the market, onchain data analysis suggests that this pressure may be fading, possibly outlining the next bullish period for BTC price.
Key takeaways:
Long-term holders distributed roughly $300 billion in BTC in 2025, marking a historic supply reset.
