Long-Term Bitcoin Holders Just Stopped Selling After a 260,000 BTC Dump
Bitcoin (BTC) trades near $76,300 after a 3% daily slip. Long-term holders spent August selling into strength, and that selling has now almost stopped. That handover left a mark. Coins leaving long-term wallets went to newer buyers, and one level now decides whether they stay in profit. Sponsored Sponsored Long-Term Holders Sold Harder Than at the Cycle Top Glassnode data shows long-term holder net position change turning sharply negative in mid-August. The wave reached roughly 260,000 BTC, the deepest level since January 2025. The same group was previously buying Bitcoin between March and June. During the late 2025 all-time high, around 170,000 BTC were sold by these long-term holders. So, it looks like they sold more Bitcoin in August, near the $80,000 price mark, compared to when it was $122,000. This shows how much potential profit many long-term holders missed out on. Bitcoin long-term holder net position change. Source: Glassnode However, it looks like the selling has stopped dramatically toward September. Sponsored Sponsored Short-Term Holders Flipped Into Profit, For a Moment CryptoQuant data shows who absorbed those coins. Short-term holder (STH) supply in loss had dominated for nine months, peaking above $600 billion. August reversed that. Supply-side profit jumped to roughly $260 billion, while losses collapsed toward zero. However, the flip is already under pressure. Profit









