Bitcoin Sell-Off Risk Grows as Price Nears $100K Profit Zone

Bitcoin may be approaching a major test of market strength, according to new insights from analytics firm Glassnode.

The firm points to a growing risk of sell pressure from long-term holders as BTC edges closer to the $100,000 mark.

These long-term holders—investors who’ve kept their coins untouched for at least 155 days—typically begin offloading assets once their unrealized profits reach a threshold. Historically, that point has been around a 350% gain, which now corresponds to a BTC price just shy of $100K. As Bitcoin hovers in the $90,000s, Glassnode warns this level could act as significant resistance unless buying momentum ramps up to meet the potential wave of profit-taking.

At the same time, data shows long-term holders have been actively accumulating during Bitcoin’s recent climb. Over 254,000 BTC have aged into long-term status since the recent market bottom, with many of those coins purchased at prices above $95,000—signaling confidence among large holders and little indication of selling so far.

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However, with a dense cluster of recent purchases in the $95,000–$98,000 range, some investors may look to exit positions if prices return to their entry points. If Bitcoin can overcome this wall of supply and decisively move past $100,000, it could pave the way for a new round of price discovery and fresh all-time highs.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.