A few days ago, analysts at the market research and intelligence firm Glassnode discovered that older Bitcoin holders were leading the sell-off that triggered BTC\u2019s correction. Currently, it appears that this investor cohort is showing signs of selling exhaustion.<\/p>\n
Considering historical data, this development is a positive one for bitcoin\u2019s price trajectory in the coming weeks.<\/p>\n
According to a tweet<\/a> by Glassnode, the three-year to five-year Bitcoin holder cohort is experiencing a slowdown in their BTC sales. This comes after they resumed selling in April, depleting their supply share by a notable percentage.<\/p>\n CryptoPotato <\/em>reported<\/a> last week that Bitcoin investors holding the digital asset for a year to five years recorded a spike in their spending, bringing their aggregate volume to $4.02 billion. There are three age cohorts in this investor group, comprising one- to two-year, two- to three-year, and three- to five-year holders.<\/p>\n These investors have spent notable amounts of BTC each time the cryptocurrency rallied in March, October, November 2024, and February 2025. The spending spike recorded this time is the fifth-largest in this bull cycle, and it has been led by the three-year to five-year age cohort with $2.16 billion. Glassnode mentioned that this figure marked their second-largest outflow of the cycle, following $6 billion recorded in March 2024.<\/p>\n Additional information now provided by Glassnode reveals that the three-to-five-year cohort reached an all-time high (ATH) of 15.7% in supply on November 9, 2024. Such levels had not been seen since March 2017.<\/p>\n This investor cohort began selling soon after hitting the ATH, paused for some time, and resumed again in April 2025. Currently, their supply share stands at 11.9%, significantly above the cycle low of approximately 3%, suggesting a pause in sales.<\/p>\n Glassnode states that this represents a significant overhang and that this group, which still controls a large share of wealth, tends to sell into strength. This means that even though the three-year to five-year cohort is showing signs of selling exhaustion, they are likely to sell when BTC hits higher prices, especially with their supply share still hovering around 12%.<\/p>\n As older Bitcoin holders are currently refraining from taking profits, BTC is likely to witness its next leg up soon. However, as they take profits<\/a> during rallies, BTC will face significant resistance during the next surge.<\/p>\n The post Older Bitcoin Holders Show Signs of Selling Exhaustion \u2013 What Does This Mean?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" A few days ago, analysts at the market research and intelligence firm Glassnode discovered that older Bitcoin holders were leading the sell-off that triggered BTC\u2019s correction. Currently, it appears that this investor cohort is showing signs of selling exhaustion. Considering historical data, this development is a positive one for bitcoin\u2019s price trajectory in the coming […]<\/p>\n","protected":false},"author":0,"featured_media":71183,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-71182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71182"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71182"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/71183"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Older Investors Show Exhaustion Signs<\/h2>\n