Bitcoin's Silent Exodus Hits Crypto as Long-Time Buyers Cash Out

(Bloomberg) -- Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.

More than two months after the token hit a record high above $126,000, Bitcoin has fallen nearly 30% and is struggling to find support. One reason: its long-time holders haven’t stopped selling. New blockchain data shows that coins held for years are being divested at some of the fastest rates in recent memory, just as the market’s ability to absorb them is fading.

According to a report from K33 Research, the amount of Bitcoin that had remained unmoved for at least two years has declined by 1.6 million coins since early 2023, roughly $140 billion worth. That signals sustained selling by long-term holders.

In 2025 alone, nearly $300 billion worth of Bitcoin that had been dormant for over a year has re-entered circulation. CryptoQuant, a blockchain analytics firm, reported that the past 30 days saw one of the heaviest long-term holder distributions in more than five years.

https://finance.yahoo.com/news/bitcoin-silent-exodus-hits-crypto-204351695.html

It always was a Ponzi scheme.