The cryptocurrency analytics platform CryptoQuant has reported that short-term Bitcoin holders are the primary sellers in the crypto market. Daily, they send approximately 930 BTC to exchanges, indicating increasing selling pressure over the past 15 days. This phenomenon has piqued the interest of crypto experts, as it may signal a shift in sentiment among investors.
This is reported by Business • Media
Asset Distribution and Reasons for Selling
According to CryptoQuant, long-term cryptocurrency holders, who keep over 1000 BTC, transfer an average of only 70 BTC to exchanges each day. Meanwhile, investors holding between 100 and 1000 BTC send about 402 BTC, while short-term and medium-term players send around 930 BTC daily. This suggests that they are the main source of market pressure.
«In comparison, long-term holders moved only about 529 BTC per day, indicating fear or profit-taking among short-term players, while long-term confidence remains unchanged,» the report states.
Analysts emphasize that the activity of short-term investors is often driven by the desire to make quick profits or secure gains, which manifests in mass withdrawals of assets to exchanges. At the same time, they note that real selling pressure also comes from retail investors and medium-term players, sometimes referred to as “washing out weak hands.”
What These Trends Mean for the Bitcoin Market
Experts highlight that in the context of sideways price movement and decreasing volatility, the current market activity does not indicate a mass exit of “smart money.” Rather, it is a reaction from nervous short-term and medium-term investors seeking to quickly secure profits or avoid risks.
Recall that at the end of March 2025, CryptoQuant identified key Bitcoin price levels that are significant for investors and analysts.