Selling Pressure Fades as Bitcoin Long-Term Holders Accumulate $8 Billion in 5 Days.
The tide is turning for Bitcoin. After a prolonged period of distribution, data from CheckOnChain reveals that Long-Term Holders have officially entered a massive accumulation phase. In just the last five days, a staggering 91,507 BTC worth approximately $8.05 billion (around Rp134.9 trillion) has been scooped up by these diamond-handed investors.
This aggressive buying spree signals the end of a long-standing sell-off trend from the market's most seasoned participants.
The End of the Post-Peak Slump
The heavy selling from long-term investors originally began on November 10, shortly after Bitcoin retreated from its historic all-time high of $126,000. That peak was followed by a grueling downward trend that tested the patience of many.
A Look Back at the 2025 "Whale Exodus"
Throughout 2025, the market faced significant headwinds as "whales" offloaded approximately 161,000 Bitcoin, valued at nearly $15 billion (Rp251.3 trillion). This massive liquidation by large entities was the primary driver behind the market correction that persisted over the last two quarters.
However, with the recent shift back to accumulation, the market sentiment is rapidly shifting from fear to renewed optimism.
As the whales stop selling and start buying again, the stage is being set for a potential recovery in early 2026.
