Recent data shows significant sales of Bitcoin by old holders amid increasing institutional investments, creating a new balance in the cryptocurrency market.
The Great Bitcoin Handover
Over the past 12 months, early Bitcoin holders have offloaded more than 500,000 BTC, amounting to about $50 billion at current rates. These sales align with the rise in ETF and corporate treasury investments. Sellers include miners and anonymous wallets that previously accumulated their holdings when Bitcoin was priced in the hundreds.
Volatility Vanishing
Even long-term holders are now selling their assets. The current improvement is reflected in lower volatility, indicating Bitcoin's growing status as a stable asset. The BTC Volatility Index has reached its lowest level in two years, confirming the long-term prospects of the asset.
Current Trends Analysis
In contrast to the past, when 2% of anonymous accounts controlled 95% of Bitcoin, the current situation features a more mineralized distribution. Institutional investors have accumulated approximately 900,000 BTC, leading to a shift in market dynamics.
The Bitcoin market continues to evolve, transitioning from speculative nature to a more stable state. Sales by early holders may signal new opportunities for long-term investors.
