Long-term Bitcoin holders put the brakes on selling their fat stacks for the first time in six months, while cryptocurrency whales increased their accumulation of the digital asset.
Wallets holding Bitcoin (BTC) for at least 155 days reduced their positions from 14.8 million coins in mid-July to 14.3 million in December. However, cryptocurrency investor and entrepreneur Ted Pillows excellent in Monday’s post X, the sale has slowed.
“Long-term holders have stopped selling Bitcoin for the first time since July 2025. Things are looking good for an increase in support,” he said.
Generally speaking, huge holders and whales are considered market movers and their trades can influence market behavior, liquidity and investor psychology.
Ethereal whales place more tokens
At the same time, ethereal whales have been increasing their holdings over the past week. Citing data from CryptoQuant, analysts of the newsletter for cryptocurrency investors Milk Road he said since December 26, huge holders have added approximately 120,000 Ether (ETH).
“Addresses holding over 1,000 ETH currently control approximately 70% of the supply, and this share has been increasing since late 2024. If this behavior continues, the market may not be fully pricing in where the smart money expects Ethereum to move next,” they said.
Garrett Jin, former CEO of the now-defunct cryptocurrency exchange BitForex predicted more flows will likely flow into Bitcoin and Ether as investors move away from silver, palladium and platinum, which have been dwindling recently.
“As expected, the short squeeze on metals has ended. Capital is starting to flow into cryptocurrencies,” he said.
Traders cautious after FUD holiday weekend
Bitcoin has in circulation $86,744 to $90,064 in the last seven days. Analysts of the Santiment cryptocurrency market analysis platform he said The boost in fear, uncertainty and doubt came at the same time as prices rose around Christmas as markets often move in the opposite direction to investor sentiment.
“After the end of the Christmas weekend, Bitcoin rose above $90,000 and then fell below $87,000,” Santiment analysts say, adding that “the increase occurred when FUD, as usual, became very high. Now that prices have fallen, investors are cautious again.”
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Leading Sales in the USA
Some sales pressure may result from American traders leaving the market. The Coinbase Bitcoin Premium Index from CoinGlass has remained in negative. The index measures the price difference between Bitcoin traded on the Coinbase cryptocurrency exchange and the average global market price.
When the index is negative, as it is described, it usually reflects selling pressure in the US market, falling investor risk appetite and increasing risk aversion.
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