Large Bitcoin Holders Start Mass Selling

Experts from the GlassNode research company noted that the Bitcoin (BTC) cryptocurrency has started 2025 with a distribution phase. This is noticeable in the Accumulation Trend Score index, which is now at 0.21. For comparison, in October, during the active accumulation phase, this index was close to 1.

The Accumulation Trend Score index measures changes in the balances of cryptocurrency wallets of large holders. A value close to 1 indicates an increase in accumulation, and close to 0 - a sell-off of assets. Such a decrease suggests that large investors who accumulated significant Bitcoin reserves in October-November have started selling.

Such changes occurred after active market growth in November and December, when many participants increased their positions. However, large investors decided to take profits, which became a signal for the transition to a new stage. Experts suggest that the current stage may affect market volatility. The increase in sales may lead to local corrections in the price of Bitcoin. However, it may also create favorable conditions for new investors to enter the market.