Bitcoin Long-Term Holders Selling Off, Institutional Demand Rises Amid Market Uncertainty

The long-term holders of Bitcoin have been selling off their positions on Wall Street, which has been restraining price growth. However, this situation might change now, according to Capriole Investments analysts. Since the launch of the spot ETF in January 2024, many OG investors have been selling their holdings. Meanwhile, a new wave of investors, mainly corporate treasuries, has entered the market. They have bought nearly all the Bitcoin sold over the past year and a half by long-term investors. Experts observe signs of increasing demand from the corporate sector, with recent additions of institutional investors such as Cardone Capital, ProCap, Vanadi Coffee, Panther Metals, and Green Minerals. Despite this, short-term price movements are affected by traders taking profits ahead of key decisions on tariffs due by July 9.