Bitcoin LTH Selling Pressure Intensifies: 6–12M Coins Flooding Markets

Long-term holders unleash Bitcoin reserves as market dynamics shift.

The Great Unloading

Bitcoin's bedrock investors—those holding for six to twelve months—are now moving coins to exchanges at an accelerating pace. This isn't just profit-taking; it's a fundamental shift in holder behavior that's putting sustained downward pressure on prices.

Market Mechanics Exposed

When LTHs decide to sell, they're not just testing waters—they're creating tidal waves. The 6-12 month cohort represents some of the most disciplined hands in crypto, making their current exodus particularly noteworthy for traders watching supply dynamics.

Traditional finance analysts would call this 'portfolio rebalancing'—because nothing says sophisticated like selling low after buying high.

This movement signals either peak fear or peak opportunity—depending which side of the trade you're on.

Despite the near-term challenges, fundamentals continue to support a bullish outlook over the long run. Institutional accumulation, shrinking exchange reserves, and Bitcoin’s increasingly strong correlation with macro liquidity cycles all provide a foundation for higher valuations once selling pressure eases.

The coming weeks will be decisive. If Bitcoin can hold above key liquidity zones and shake off the weight of LTH distribution, it may regain the momentum needed to retest its all-time highs. Conversely, failure to defend critical supports could extend the correction, further testing market confidence. Ultimately, while LTHs are shaping current price action, the broader structural demand for Bitcoin suggests that the long-term trajectory remains intact.

BTC Holding Key Demand Level

Bitcoin (BTC) is currently trading NEAR $112,567, showing a slight rebound after touching intraday lows around $111,135. The chart highlights that BTC remains under pressure following its rejection from the $117K–$118K region earlier this week. The key resistance level remains the $123,217 zone, which has capped rallies since July, while immediate support lies around the $112K–$110K range.

The 50-day SMA at $114,322 and the 100-day SMA at $113,382 have now flipped into overhead resistance after the recent breakdown, suggesting that short-term momentum is weakening. A failure to reclaim these levels in the coming sessions could open the door for a deeper retracement toward the 200-day SMA near $103,869, which aligns with a long-term support cluster.

Price action shows that buyers are attempting to defend the $112K region, which has acted as a strong liquidity zone in recent months. However, repeated tests of this level raise the risk of a breakdown if bullish momentum does not return.

Featured image from Dall-E, chart from TradingView