Bitcoin Long-Term Holders Realize $1.1B Daily as Market Cools

• Long-term holders realized over $1.1B daily, signaling a possible cycle peak.
• Miners’ low selling pressure suggests continued belief in price growth.

Bitcoin’s recent price movements show signs of consolidation following a strong rally. Glassnode reported that Bitcoin’s entity-adjusted realized profit peaked at $1.87 billion on May 25, 2025.

Long-term holders (LTHs) were the dominant contributors, with realized profits exceeding $1.1 billion per day on June 5, marking the fifth-highest spike of the current cycle. In contrast, short-term holders (STHs) recorded just $0.38 billion, indicating a clear divide in market behavior.

Glassnode’s age-based distribution analysis showed older coins driving the surge, implying that experienced participants were offloading holdings into market strength.

This pattern often coincides with late-stage cycle activity, where seasoned investors lock in gains during price peaks. Analysts noted that such profit-taking is common during macro tops, referencing similar trends in previous bull cycles.

Miner Behavior Remains Restrained Despite Price Highs

While long-term holders are taking profits, Bitcoin miners are showing little urgency to sell. According to CryptoQuant’s Miners’ Position Index (MPI) data, miner outflows have remained low despite Bitcoin hitting an all-time high near $104,500 in mid-2025. 

The MPI, which measures the ratio of miner outflows to a one-year moving average, has stayed mainly below one since late 2023.

Historically, an MPI above 2–4 has indicated aggressive miner selling and often preceded market corrections. However, recent MPI readings suggest that miners are exercising restraint. Even during Bitcoin’s climb past $70,000 and later $100,000, the MPI remained subdued.

Analysts interpret this behavior as a sign of miners’ confidence in further price growth. Some suggest miners may have adopted alternative liquidity strategies or are holding reserves in anticipation of continued bullish momentum.

Price Consolidates Near $104K After Sharp Rally

Bitcoin is currently consolidating after peaking just above $110,000. As of June 5, the price hovers around $104,000, reflecting a mild correction. The daily chart shows previous resistance levels between $94,000 and $97,000 now acting as support, indicating strong demand in this range.

However, trading volume has started to decline, and candlestick patterns are showing shorter bodies, a sign of weakening bullish pressure. If Bitcoin fails to hold the $102,000 level, analysts expect a possible retest of the $97,000–$98,000 zone.

On the upside, reclaiming momentum above $105,000 could open the path for another test of the $110,000 peak.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.