Bitcoin Long-Term Holders Experience Significant Distribution in 2025
- Long-term holders (LTHs) distributed approximately $300 billion worth of Bitcoin in a historic supply reset during the year.
- The heaviest distribution period occurred from November 15 to December 14, with over $300 billion in dormant BTC re-entering circulation.
- The LTH supply fell sharply from around 15.4 million BTC in June to approximately 13.5 million BTC by December, marking the steepest decline on record.
- A peak distribution of over 1.14 million BTC occurred in November, indicating capitulation rather than profit-taking.
- Since December, LTH supply has stabilized at around $13.6 million, coinciding with Bitcoin entering a sideways price range.
The aggressive distribution phase by long-term holders has historically preceded market transitions rather than trend continuations, suggesting potential for future price movements as supply stabilizes.
With LTHs distributing nearly $300 billion and the current supply stabilizing at around $13.6 million BTC, this could signal a crucial transition phase for Bitcoin. (Source)
