Bitcoin Under Pressure: Selling Wave Meets Unshakable Demand in July 2025 Standoff

Whales dump—retail snaps it up. The Bitcoin tug-of-war gets dramatic.

Paper hands vs diamond hands: A surge in exchange inflows suggests big players are taking profits, but spot buying absorbs the sell pressure like a sponge. Same old story—weak hands feed strong hands.

Liquidity showdown: Order books show bid walls thicker than a banker's bonus report. Derivatives traders keep leverage in check (for once), avoiding the cascade liquidations that usually amplify these moves.

The cynical take: Traders 'hedging risk' while secretly hoping for a crash to buy cheaper. Some things never change—Wall Street playbook meets crypto markets.

Bottom line: Demand eats every dip. Again.

In Brief

• The old bitcoin sellers are cashing in billions without causing a notable market drop.
• Data shows effective absorption of sales by a growing and discreet demand.
• Analysts anticipate a summer spike, driven by favorable historical patterns.
• The market remains calm on the surface despite 195 days of waiting and strategic stagnation.

From Veterans to Novices: Bitcoin Changes Hands

Since May,, but without disturbing the curves. Glassnode reports, a notable peak. Over seven days,well above the $1.14 billion annual average, yet still far from the late 2024 peaks ($4–5 billion).

Who is selling? The, notably those who have held their bitcoins for 3 to 10 years, are cashing out: $849 million for the 3–5 year bracket, $485 million for 7–10 years, and $445 million for those between 1 and 2 years.

But most striking is that the market absorbs it without flinching. As Yonsei Dent (CryptoQuant) explains:

Despite this steady LTH selling, the price hasn’t broken down. This means the market is absorbing the sell pressure—implying new demand is coming in.

Dent even sees an opportunity in this phase: “this kind of healthy rotation (from strong hands to new buyers) is essential. In that context, LTH spending isn’t a warning sign—it’s actually a constructive signal.”

July Under Tension: A Pivotal Month for BTC?

Historically,. On average,, including a spectacular +24% in 2020. Some already see positive signals. Others, like CryptoCon, mention the: “This is day 195 of sideways Bitcoin price action since December 18th of last year. All of the great price action has been made in very short bursts, totaling just 36 days.“

Interpretation? A stretched cycle, punctuated by brief but strong explosions. According to CryptoCon,, before a new calm.

And indeed, these consolidation periods, however boring, often prepare spectacular leaps. This is suggested by combined data: prolonged stagnation + absorbed sales volumes = accumulated energy.

What the numbers whisper to us:

• $2.46 billion in profits in a single day, according to Glassnode;
• $1.52 billion: weekly average achieved, higher than the annual average;
• $849M: made by BTC held for 3 to 5 years;
• 7.56%: average bitcoin performance in July since 2013;
• 195 days: length of the stagnation phase since December 18, 2024.

The story of massive Bitcoin sales can be analyzed from a thousand angles. Some will see exhaustion, others a strategic rotation. Everyone projects their expertise, beliefs, intuition. But one fact remains: bitcoin is becoming rarer on exchanges, a liquidity shortage might be looming, disrupting balances once again.

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