Long-term bitcoin holders sold 260,000 BTC in August and paused selling
- —Net outflow from long-term holder wallets in August was about 260,000 BTC
- —At the 2025 peak, they sold only about 170,000 BTC
- —Short-term holders' unrealized profit fell to $168.2 billion, while unrealized loss rose to $102.6 billion
- —Key support is $76,500; a break below could open the way to $73,000–75,000
Why it matters: Easing selling by long-term holders reduces pressure on the price, but holding $76,500 will determine whether August buyers remain in profit.
Source: BeInCrypto CN