62,000 BTC Shift from Long-Term Wallets

Bitcoin Moves: Market Turbulence and Illiquid Supply

Glassnode has reported that 62,000 BTC recently moved out of long-term holder wallets, indicating increased liquidity amid market volatility noted in late October 2025.

The shift suggests possible increased trading activity and potential market shifts, though the immediate impact on BTCโ€™s price and related regulatory outcomes remain to be observed.

62,000 BTC Moved Amid Market Turbulence

Glassnode recently reported that approximately 62,000 BTC shifted from long-term holder wallets to liquid ones. This marks a decrease in illiquid Bitcoin supply since mid-October, coinciding with recent market volatility, according to Glassnodeโ€™s analysis.

The reporting company, Glassnode, is known for its on-chain analytics. The movement of 62,000 BTC indicates a net outflow, affecting Bitcoinโ€™s illiquidity and potentially increasing its tradability. This indicates a shift in holder strategy, influenced by recent market trends. As noted by Rafael Schultze-Kraft, CTO of Glassnode, โ€œIlliquid Bitcoin supply has started to decrease, with about 62,000 BTC moving out of long-term holders since mid-October 2025.โ€ โ€“ Glassnode Official Statement

2% Decline in Bitcoinโ€™s Illiquid Supply Noted

The shift contributed to a 2% decline in Bitcoinโ€™s illiquid supply in Q3. Retail investors continued reducing exposure while large holders, known as whales, increased accumulation, following market volatility since mid-October.

History shows that similar BTC balance reductions at cycle peaks lead to temporary price drops. This trend aligns with increased sale pressure as dormant coins become tradeable, reflecting past market behaviors observed in 2017 and 2021.

Historical Reductions Align with Market Volatility

Past long-term holder reductions, such as during 2017 and 2021โ€™s bull markets, showed short-term sell pressures. These events corresponded with increased volatility and price pullbacks, offering a prognosis for recent activityโ€™s potential outcome.

Experts at Kanalcoin suggest that most long-term holders remain consistent despite market changes. However, a 2% dip in illiquid supply, paired with current changes, may lead to volatility, aligning with other historical Bitcoin market corrections.

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