Selling pressure eases as the movement of old bitcoins (Dormant Bitcoin) declines 📉

Selling pressure eases as the movement of old bitcoins (Dormant Bitcoin) declines 📉

Background
According to a report by Galaxy Digital, 2024 and 2025 saw the largest movement of old and dormant bitcoins since 2017
Long-term holders sold a significant portion of their coins during this period

Focus
In 2026, activity related to these old assets has decreased dramatically 📊
This drop in activity indicates that the main phase of redistribution of old bitcoins has almost come to an end ⏳
As movement by old holders declines, one of the main sources of selling pressure is weakening 🛑

Implications
The decline in supply from long-term wallets makes the tradable supply in the market more limited 📉
If demand continues or grows, the reduced supply will lead to a more favorable environment for Bitcoin price growth in the coming months 🚀

Conclusion
The end of the selling wave by old holders indicates that structural selling pressure is subsiding, and it could pave the way for a stronger market trend if demand is maintained 🎯

#Bitcoin #Galaxy_Digital #blockchain_analysis #supply_and_demand #long_term_holders