Massive Bitcoin sell-off by long-term investors signals market correction ahead — Coinlive

Long-term Bitcoin holders, those who kept their coins for over 155 days, have significantly ramped up selling. Historically, this activity suggests the market may have peaked and could be due for a correction soon, Coinlive reports.

According to the company's data, such investors have moved $45 billion worth of BTC to exchanges, locking in profits at nearly twice their initial value. Analysts from IT Tech and ARK Invest point to significant increases in long-term holder supply, reaching its highest level in eight years.

The market reacted cautiously as it weighed the potential impact of a large-scale Bitcoin sell-off on the broader crypto industry. The long-term holder SOPR, tracking BTC selling profitability, hit 1.96. Historically, levels this high signal price corrections of 5–13%. Meanwhile, according to ARK Invest, around 75% of Bitcoin supply is currently held by long-term investors.