NewsBTC
Mar 4, 2026
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BEARISH 📉 : Bitcoin long-term holders ease selling as pressure moderates

Recent on-chain data indicates a change in Bitcoin long-term holders' (LTHs) behavior, suggesting reduced selling pressure from these steadfast investors.

Key Insights

  • Bitcoin LTH Net Position Change has been negative, indicating ongoing distribution by long-term holders amid recent market volatility.
  • The indicator showed a significant selloff when BTC dropped to around $60,000, reflecting increased market anxiety even among resilient holders.
  • Despite remaining negative, the LTH Net Position Change is now less severe, implying that the selling pressure is moderating as BTC stabilizes.
  • Attempts by Bitcoin to reach the $70,000 level have led to profit-taking, highlighting the current demand's fragility.

BTC Price Update

Bitcoin recently experienced a minor decline to $68,500 following a rally earlier in the week.

Bitcoin Price Chart

Investors should note the easing of LTH selling pressure and consider the potential for future price stability or fluctuations based on these dynamics.