Bitcoin’s Big Chill: Sellers Back Off? 🧊📈

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The Main Points

  • Old-timers are taking a break from dumping their coins, like a weary farmer pausing to catch their breath.
  • Short-term traders are sending less Bitcoin to the exchange, as if the market’s finally learned to hold its breath.
  • ETFs are spitting out cash, proving that even institutions can’t resist a good panic. 📉💸

Bitcoin (BTC) is starting 2026 like a tired mule, refusing to buck the load. On-chain data whispers that long-term holders are slowing their selling, while short-term traders are hugging their coins tighter than a bank vault. It’s the calm before the storm-or maybe just the storm’s nap. 🌪️💤

Glassnode’s numbers suggest that the old guard is finally stepping back from the selling frenzy, a sign that the market might be digesting its own excesses. But don’t get too comfortable; history’s a fickle friend, and this could be a pause, not a parade. 🕰️🎭

Long-term $BTC holder distribution has slowed. Net outflows have rolled over from extreme levels, indicating the market is absorbing supply… or maybe just pretending. 🤯📈

– glassnode (@glassnode) January 12, 2026

Short-term Sellers Take a Seat

CryptoQuant’s data shows short-term holders are depositing fewer coins on Binance, like a crowd leaving a party early. November was a wild night, with inflows surging past 12,000 BTC, but now it’s quieter than a desert at noon. 🌵💸

By December, the chaos cooled, and January’s numbers are even lower. Analysts say this isn’t a sign of a new wave of selling-it’s more like the market’s taking a deep breath after a sprint. 🧘‍♂️📉

Retail Fear vs. the Big Picture

Retail traders are still fretting, locking in losses like a child clutching a toy. But Bitcoin’s broader trend? It’s still climbing, higher highs and higher lows, like a stubborn mountain. 🏔️🚀

Historically, this mix of rising prices and panicked sellers is a sign of a consolidation-like a snake shedding its skin. But if the macro weather turns sour, the market could get as choppy as a stormy sea. ⚓🌪️

ETFs Take a Hit

U.S. spot Bitcoin ETFs lost over $1.1 billion in three days, proving that even institutions can’t resist a good panic. BlackRock and Fidelity led the exodus, like wolves fleeing a fire. 🔥📉

But while Bitcoin and Ether ETFs bled, others like XRP and Dogecoin kept drawing crowds. It’s not a flight, just a shuffle-like a dance floor with no music. 🕺🐕

Market Snapshot

Bitcoin’s trading around $90,577, down 0.2%-a minor stumble, but the market’s still standing. With a $1.8 trillion cap and rising volume, it’s like a slow-burning fuse. 🔥📊

For now, the market’s in limbo, like a man waiting for a train that never comes. Whether it stays calm or explodes depends on whether sellers decide to join the party again. 🎉💣

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2026-01-12 19:45