Key Takeaways:
Long-term Bitcoin holders continue to hold, showing no signs of selling pressure.
CryptoQuant analyst says similar patterns in the past preceded major bull runs.
Low market attention and reduced volatility may be setting the stage for a breakout.
Long-term Bitcoin (BTC) holders are not selling, according to on-chain data, a trend that analysts say may point to an upcoming major market shift.
As reported by ChainCatcher, CryptoQuant analyst @avocado_onchain noted that current holding patterns show no significant selling pressure from veteran Bitcoin holders. This behavior, historically, has often preceded large price rallies.
“Bitcoin long-term holders are still holding on, with no signs of distribution,” the analyst stated. “Historically, Bitcoin tends to surge when market attention is low and trading volumes are muted — the current silence may be a precursor to a big market move.”
The observation comes amid a period of declining volatility and reduced retail activity, as Bitcoin remains relatively stable near the $100,000 mark. Despite recent macroeconomic uncertainty and geopolitical risks, long-term holders appear unfazed.
