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Bitcoin holders' selling to exchanges drops to 4.4%, easing selling pressure but demand recovery unclear.

Market News
17 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin holders' selling to exchanges drops to 4.4%, easing selling pressure but demand recovery unclear.

Bitcoin coins held for six to 12 months and moved to exchanges accounted for only 4.4% of that group’s movement in the latest 30 days, down sharply from 40.4% in mid-June. This decline suggests reduced selling pressure from holders who bought near or after Bitcoin’s 2025 peak, as their selling has largely stopped. However, the total monthly movement of these coins remains stable, indicating that while fewer coins are sent to exchanges, fresh buying demand has not yet clearly emerged. This trend adds to earlier signs of decreasing long-term holder selling to exchanges, which could influence Bitcoin’s price dynamics going forward.

Bitcoin's exchange-bound share of coins held for six to 12 months fell sharply to 4.4% from 40.4% in mid-June, indicating reduced selling pressure from this holder group. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 17, 2026 19:21 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, EOS (EOS.IO) up 8.13% at Rp12.649 with a typical hold time of 87 days, and ALGO (Algorand) down 5.89% at Rp2.013 with 87% buy order activity and a typical hold time of 130 days.

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