Bitcoin’s Long-Term Holders Cash In Amidst Unstoppable Market Rally – Smart Move or Premature Exit?

Veteran Bitcoin investors are finally unlocking their vaults—selling into a rally that refuses to die. Is this the smart money bailing, or just profit-taking before the next leg up?

HODLers become sellers

The OGs who survived 80% drawdowns are now booking gains. Their wallets—dormant for years—are suddenly active, feeding coins into exchanges at prices last seen before the 2022 nuclear winter.

Market shrugs it off

Despite the supply flood, BTC keeps climbing. Either new buyers are swallowing the sell orders whole, or—as the suits on Wall Street would say—'this time is different' (until it isn't).

The cynical take

Nothing makes bankers angrier than watching crypto peasants profit while their 'stable value' funds yield 2%. The real question: are these BTC sales funding Lambos... or compliance-approved ETFs?

The Bitcoin market is experiencing a notable surge in long-term holder activity, with the Monthly Cumulative Distribution Days (CDD) to Yearly CDD ratio hitting 0.25—levels reminiscent of past peaks in 2014 and 2019. This ratio signals that experienced holders are actively moving dormant coins onto the market. Even though more long-term holders are selling their Bitcoin, strong demand from treasuries and steady investment into Bitcoin ETFs are likely to keep the price rally going. This selling may slow down the pace of gains, but it probably won’t stop the rally.