Bitcoin is proving its strength as long-term holders (LTH) sell, but the market still absorbs well, and the large accumulation from Strategy creates a basis for the next breakout of Bitcoin.
MAIN CONTENT
Long-term holders sell Bitcoin but do not cause panic, and the market absorbs effectively.
Strategy (MicroStrategy) currently holds 3% of Bitcoin's supply, reflecting buying pressure from institutions.
July is a traditional strong price increase period with breakout opportunities due to increasing structural demand.
Is LTH selling Bitcoin a negative sign?
According to analysis from CryptoQuant and the July 2025 report, the selling of Bitcoin by long-term holders (LTH) that has been held for over 6 months does not lead to a significant price drop, and the market remains stable.
This proves that the absorption of Bitcoin supply is still very good, not a form of panic selling. On the contrary, this is a sign of Token rotation from old players to new ones, laying the foundation for the next wave of increase.
"LTH is reallocating Bitcoin in a controlled manner rather than panic selling, and the market is absorbing it lightly, indicating a healthy market structure."
CryptoQuant, quick report July 2025
This analysis aligns with the views of many market experts that this is a mid-cycle phase, where old coins are transferred to new long-term buyers, preparing for the next strong growth cycle.
Why is it important for Strategy to own 3% of Bitcoin?
After purchasing an additional 4,980 BTC, Strategy (formerly MicroStrategy) now holds a total of 597,325 Bitcoin, accounting for about 3% of Bitcoin's total circulating supply – an extremely large ratio from a single organization.
According to CryptoQuant, Strategy's aggressive buying strategy over the past two years reflects the optimistic sentiment of institutional investors in Bitcoin, reinforcing market confidence.
"Strategy's holding of 3% of the supply is a symbol of institutional confidence, despite concerns about concentration risk."
Insights from CryptoQuant, 2025
The fact that an organization holds a large amount of Bitcoin helps narrow the supply in the market, contributing to upward price pressure due to reduced excess liquidity, an important factor in technical and fundamental analysis.
Is July the breakout time for Bitcoin?
History shows that July is often a month of strong price increases for Bitcoin with an average profit of 8.9% and a positive closing in 8 out of the last 10 years.
Combined with the trend of long-term holders distributing in a controlled manner and increasing accumulation from the organization, the Bitcoin market has a solid foundation for a potential breakout this July.
If the supply is continuously absorbed as it is now, combined with the traditional July bullish signal, many analysts expect Bitcoin to break through strong resistance levels in the near future.
Source: X
Frequently Asked Questions
Why does long-term holder selling not cause a sharp price drop? Because the market has good absorption capacity and this is a transfer from old players to new ones, helping to maintain a stable price structure (According to CryptoQuant). How much Bitcoin does Strategy hold and what impact does it have? Strategy currently owns 3% of Bitcoin's total supply, creating downward pressure on circulating supply and demonstrating large institutional confidence in Bitcoin. What characteristics does July have that usually lead to Bitcoin price increases? July is recorded as the month with the strongest price increase, with a high positive closing rate over the past 10 years, creating expectations for a breakout (historical market data). Will Bitcoin be affected if Strategy sells a large amount on the market? Currently, Strategy is buying and has not shown signs of large selling; if they sell heavily, it could affect supply and price but has not happened yet. Does LTH selling actually signify the end of the bull run? No. This is a redistribution phase of Tokens among holder groups, preparing for the next wave of increase, not panic (CryptoQuant).
Source: https://tintucbitcoin.com/bitcoin-hap-thu-von-lth-microstrategy/
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