Bitcoin selling pressure eases as long-term holders stop distributing while ETFs absorb supply and exchange balances fall.
Bitcoin price has stayed between $85,000 and $90,000, showing market stability. Selling from long-term holders has slowed substantially, creating potential accumulation zones.
Indicators from derivatives and on-chain metrics suggest that BTC may be nearing a support level.
Bitcoin Long-Term Holders Reduce Selling
CryptosRus reports that long-term holders have stopped heavy Bitcoin distribution. After months of selling, these holders have returned to net accumulation.
This shift represents the largest drop in sell-side pressure since twenty nineteen. Fewer sellers generally reduce volatility, although price changes may remain moderate.
THE BIGGEST BITCOIN SELLERS JUST STOPPED SELLING$BTC long-term holders have flipped back to net accumulation after months of heavy distribution.
This was the largest sell-side pressure from LTHs since 2019 — and it just eased.
When long-term holders stop feeding supply into… pic.twitter.com/trkDyrgozR
— CryptosRus (@CryptosR_Us) January 3, 2026
Over the past 24 hours, only 221 BTC were moved from long-term holders. The long-term Holder Distribution Pressure Index read negative 1.623, indicating minimal market exit.
CryptosRus notes that such conditions typically align with accumulation phases and potential price stability.
ETF funds continue to absorb BTC supply, and treasury firms add coins during small price dips. Retail investors remain mostly inactive, while market fear remains elevated.
Analysts observe that markets often turn when sellers disappear, not when buyers become aggressive.
Bitcoin MVRV and Derivatives Signal Stability
Bitcoin’s Market Value to Realized Value Z score shows the asset is in a historically low-risk zone.
The MVRV Z score compares current market value to realized coin value. Present readings are at levels that previously coincided with recovery phases and accumulation cycles.
Derivatives data shows $31M in BTC contracts liquidated in the past 24 hours. High liquidations reflect sensitivity among leveraged traders.
At the same time, open interest rose 2.21% to $133.84 billion, showing active market participation.
Exchange reserves fell to roughly 2.5 million BTC, signaling limited coins available for immediate selling.
This combination of MVRV signals, derivatives activity, and declining exchange balances suggests a consolidation phase.
Analysts consider such conditions favorable for potential accumulation opportunities.
Related Reading: Bitcoin’s $80K-$140K Range: What 2026 Holds
Bitcoin Price and Market Trends
Bitcoin price has maintained a narrow range between $87,000 and $88,919. The stability corresponds with reduced long-term holder selling and low exchange balances.
BTC dominance remains near 58%-60%, showing continued investor focus on Bitcoin.
Altcoins show emerging momentum, but overall market sentiment remains cautious. Fear and Greed Index currently sits at 30, reflecting ongoing market uncertainty.
Open interest growth and active derivatives trading indicate that some traders are positioned for potential rebounds.
Additionally, historical patterns show that when sell-side pressure decreases, price floors can form gradually before upward moves.
Bitcoin accumulation by long-term holders, combined with derivatives activity and MVRV analysis, points to a low-risk environment.
Stable BTC price, declining exchange balances, and continued institutional buying create conditions supportive of consolidation.
Market participants will watch these factors closely for signs of future price shifts.