Long-term Bitcoin holders, known as Satoshi-era holders, have begun selling their assets after 14-15 years of holding. This development influences the market by boosting activity and liquidity transactions worldwide.
Long-awaited Bitcoin Sell-off
Among long-term Bitcoin holders who acquired their assets between 2009 and 2011, a significant sell-off is underway. This event marks a major turning point in the market and is seen as justified by many participants.
Market Optimism Persists
Despite the large-scale sell-offs, overall market sentiment remains optimistic. Institutional buying is continuing to stabilize the situation, particularly in the United States, where government acquisitions are notable.
Stablecoin Regulation and Its Market Impact
The GENIUS Act, coming into effect alongside these sales, regulates and legalizes stablecoins. This legislative move strengthens the dollar's status on the crypto market and enhances institutional confidence in digital assets.
The sell-off by long-term Bitcoin holders may have significant impacts on liquidity and price stability in the market. Historical data suggests that such movements can facilitate asset redistribution, benefiting both new and established market participants.
