BEARISH 📉 : Bitcoin Large Holders Reduce Supply to Lowest Since May 2025

Recent on-chain data indicates that major Bitcoin investors have been distributing their holdings, with their share dropping to a multi-month low.

Key Insights

  • Retail investors (0 to 0.01 BTC) have increased their Bitcoin holdings by 2.5%, reaching the highest level since June 2024.
  • Larger holders (10 to 10,000 BTC), including sharks and whales, have reduced their supply by 0.8% since October, marking the lowest share since May 2025.
  • The recent selloff by large investors was sharper than any seen in Q4 2025.
  • Mid-tier holders (0.01 to 1 BTC) have increased their holdings by 1.05% since October, hitting a 15-month high.
  • Investors holding 1 to 10 BTC have decreased their holdings by 0.49% during the same period.

Market Context

Despite some recovery from its $60,000 low, large Bitcoin investors have not shown renewed bullish sentiment. Without backing from key stakeholders, potential rallies may be limited due to a lack of significant capital.

BTC Price

Currently, Bitcoin is trading at approximately $67,400, reflecting a 0.7% increase over the past week.