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Long-term Bitcoin holders have stopped selling, reducing supply and potentially boosting prices.

Market News
27 Jul 2026
Cointribune
View Source
Bullish
pluang ai news

In Q2 2024, the oldest Bitcoin wallets, held by early investors, nearly ceased selling their BTC, marking the lowest movement of dormant coins since late 2022. This shift ends a two-year period of profit-taking by these holders, reducing the supply of Bitcoin available on exchanges and creating a supply shock. With fewer coins being sold by long-term holders, the market may see stronger price support and less volatility, potentially paving the way for a more stable or bullish phase. This change mirrors patterns seen in the 2017 Bitcoin cycle and signals a maturing market where veteran holders prefer to retain rather than sell their assets.

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