- According to the on-chain analytics company Glassnode, a growing selling pressure is being observed from investors who acquired Bitcoin (BTC) at its peak.
- Glassnode reported that those who invested during the 2025 bull market are currently supplying more Bitcoin to the market daily than at any other time this year, while those who bought during the downturn are holding onto their assets.
- The analysis reveals that selling activity surged as the Bitcoin price approached $90,000, especially from holders in the six- to 12-month category, whose average buying price sits around $89,100.
Periodical Forecast Trend Analysis
Increasing selling pressure is evident among Bitcoin investors who purchased near the token’s peak, based on a report from on-chain analytics firm Glassnode.
On October 3, Glassnode indicated that Bitcoin is approaching a break-even for those who entered the market at elevated prices, leading some to liquidate their positions. Specifically, investors from the 2025 bull run are currently selling more Bitcoin daily than throughout the year, while those who bought during the price drop are retaining their holdings.
The analysis shows that selling activity intensified as Bitcoin neared the $90,000 mark, moving closer to the breakeven point for those who bought at higher prices.
Notably, sales from holders who have maintained Bitcoin for six to 12 months have significantly increased recently, with their average acquisition price being approximately $89,100.