{"content":"Long-Term Holders Are Selling 😬 — 325,600 BTC Just Hit the Market Today, traders are trying to push Bitcoin (BTC) over significant demand levels ahead of the US Federal Reserve meeting, which might affect market direction in the coming weeks. After the Fed announces its interest rate and quantitative tightening (QT) stance, volatility is anticipated to rise in the cautious market. Reaffirming tight policy might prolong consolidation, while a dovish signal could boost risk asset purchasing. Long-Term Holders (LTHs) have been selling over the last month, according to CryptoQuant's on-chain data, indicating that Bitcoin is in distribution. After months of accumulation, these seasoned investors have sold large sums of BTC in the past 30 days, signifying profit-taking. Top analyst Maartunn said that Long-Term Holders (LTHs) sold 325,600 BTC in the previous 30 days, the largest monthly decline since July 2025. As Bitcoin consolidates around $112,000–$113,000 as the market prepares for the US Federal Reserve's policy statement, this dispersion is significant. Long-term holders selling might initially pressure prices, but it generally allows new market participants to acquire at better levels. According to Maartunn, this may be a good market rotation, not a decline. Bitcoin's next big rise may rely on macro factors, particularly the Fed's interest rate and liquidity management stance. Without breaking over the $117,500 barrier, a significant supply zone that has denied price rises numerous times this month, Bitcoin (BTC) is trading at $113,130, suggesting minor weakening. The 100-period and 200-period moving averages create a dynamic support confluence below current levels around $111,000–$112,000. A verified break over $117,500 would invalidate the short-term bearish setup and perhaps proceed into $120,000–$123,000, the next resistance cluster. If BTC closes below $111,500, it might trigger further declines below $108,000, a significant response zone earlier this month. #MarketPullback #BTC #WriteToEarnUpgrade $BTC $ETH $BNB ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/30/c945f349c3b8be285ac3344e95bfc3fa.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}