Bears target $95K as Bitcoin long-term holders sell 241,000 BTC

Takeaways from the conference:

• Bitcoin long-term holders have sold 241,000 BTC in the last 30 days.

• BTC price bear flag targets $95,500. 

BitcoinBTCLong-term investors have sold over 241,000 BTC in the last month. According to analysts, continued sales could push the price towards $95,000 or below.

Bitcoin holders who have held bitcoin for a long time sell BTC worth $26 billion

Bitcoin long-term holders (LTHs) — entities holding coins for at least six months — have started to offload coins as BTC price hit new all-time highs Over $124 500 in August

Related: Bitcoin taps $111.3K as forecast says 10% dip ‘worst case scenario’

Maartunn analyzes CryptoQuant’s LTH supply changes. said On a rolling 30 day basis, supply decreased by 241,000 BTC net, valued at around $26,8 billion on the current market price as of Monday. He continued:

“That’s one of the largest drawdowns since early 2025.”

Whales and other investors may also continue to exert pressure on the price of Bitcoin in coming weeks. offloaded more than 115,000 BTC Over the same time period. 

Bitcoin Treasury Companies have a total of tens of millions in Bitcoins. reaching a record high of 1 million BTCGrowth has been notably slowed over the last month.

Strategy’s monthly buyings dropped from more than 134,000 BTC (in Nov 2024) to only 3,700 BTC (in Aug 2025), according to data CryptoQuant

The other Treasury Companies bought 14,800 BTCs in August. This is compared with their previous record purchase of 66,000 Bitcoins made June 2025.

“August purchases also fell below the 2025 monthly averages, 26K BTC for Strategy and 24K BTC for other firms,” In its Weekly Crypto Report published in the latest edition, onchain analysts said:

“Smaller, cautious transactions show institutional demand is weakening.”

Charles Edwards, founder of Capriole Investments, also notes that the number of Bitcoins purchased by companies per day is continuing to decline. This could indicate that institutional investors are becoming more cautious. “exhausted.”

Treasury Company demand is continuing to fall. Although companies continue to buy, the number of purchases per day is continuing to decline. Do institutions have a low or are they just taking a break? pic.twitter.com/3ItN1tVIaU

— Charles Edwards (@caprioleio) September 7, 2025

This further reduces demand by exacerbating downward trend.

Bitcoin price bear flag targets $95,000

Bitcoin has dropped by 14% since its peak. $124,500 record high Data from Cointelegraph Markets Pro You can also find out more about the following: TradingView shows.   

Since then, the price of this car has recovered and is now around $111 500.

Price action for this item has a printed price. bear flag As shown in the chart below, Bitcoin dropped beneath the flag on Saturday. Bitcoin has dropped beneath the flag since Saturday. The flag is currently testing the lower limit of its flag, which stands at 112,000 dollars (100 day SMA).

Inability to comply with the law flip $112,000 into support This would cause the price to continue its downward trend towards the calculated target of the bull flat, which is $95,500 or 14.5% below the current value.

The macro-picture looks better, as the 13% pullback from all-time According to X-user Coin Signals, the pullback is much smaller than in previous years.

Cointelegraph reportedBitcoin may now drop below $90,000. However, it is still expected to reach new record highs.

A 30% drop from current highs puts the BTC at $87,000. realized price of 6-12 months holders.

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.