Bitcoin Long-Term Holders Sell Far Less in 2026: 34,000 BTC a Month vs 67,000 in 2024

The wallets that have not moved a coin in more than five years are the ones that define the bottom of this market, and on that measure 2026 looks nothing like the last two cycles. Wallets untouched for five years or longer have distributed about 34,000 BTC per month on average this year, against roughly 47,000 in 2025 and 67,000 in 2024, according to Galaxy Research data carried by FXStreet. Bitcoin holds near $79,900 after a 9.3% slide from its September 21 high of $87,392, and the question the market is chewing on is whether that slowdown in selling is a foundation for the next leg up or the quiet before a deeper, dirtier correction.

The distinction matters more than the headline number sug…