2025-12-18 10:40:27

#数字资产市场洞察 Bitcoin has once again given bears an opportunity today. Falling below $87,000, with a 2.8% loss in 24 hours, what is the truth behind this downward move?

Looking at on-chain data makes it clear — long-term holders are selling off, the most intense wave in five years. Even more outrageous is the $300 billion of dormant Bitcoin flowing into the market, indicating that large investors are reducing their positions. Meanwhile, ETF funds are shifting out, derivatives trading is cooling down, and the entire market lacks the momentum for a rally.

In the short term, keep an eye on the $85,000 support level; holding it could lead to a rebound. But to truly reverse the situation? It depends on two things — first, whether stablecoin adoption can further expand, and second, whether institutional funds will return. If these two conditions are met, the downward trend may be reversed. Otherwise, volatility will remain the main theme.

BTC-0,13%

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GasGuzzler

· 2025-12-21 10:03

The dumping by large investors is really fierce this time, it feels like institutions are running away, we need to be careful.

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QuorumVoter

· 2025-12-21 09:04

Long-term holders dumping? This wave is a bit harsh, but can 85,000 USD really hold?

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VCsSuckMyLiquidity

· 2025-12-19 20:19

Another wave of big investors dumping, this time really fierce. The on-chain data is just outrageous.

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SigmaValidator

· 2025-12-18 11:10

Long-term holders dumping, big players reducing positions—this pace is really intense. If $85,000 can't hold, how much support is left afterward?

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GweiObserver

· 2025-12-18 11:02

Long-term holders dumping? Is that true or is it just another manipulation tactic by the whales to short?

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ProofOfNothing

· 2025-12-18 10:53

The big players are starting to dump again. This rhythm feels very familiar.

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not_your_keys

· 2025-12-18 10:47

Long-term holders dumping? Things are getting interesting. It seems even the big players can't hold on anymore. Can the $85,000 barrier be maintained? I bet fifty cents it can. Once institutional funds come back, us retail investors will be harvested again. I'm stunned. Once stablecoin applications are in place, even the yellow flowers will wither. This decline is truly outrageous, with $300 billion flowing out. No wonder the market is so quiet.

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