Long-Term Bitcoin Holders Step Back From Selling
Pulse of the market
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At the same time BlackRock is buying, long-term Bitcoin holders are selling at their lowest rate since 2017. Data from Binance shows the Exchange Inflow Coin Days Destroyed (CDD) metric dropping sharply, meaning older coins are barely moving onto exchanges.
While long-term holder supply declined earlier in 2025, it has stabilized around 13.6 million BTC over recent months. This suggests veteran holders are choosing to sit tight despite elevated prices, reducing downside pressure and creating a more favorable environment for large buyers stepping in.