Bitcoin Long-Term Holder Spending Surges Near Historical Peaks
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Spending Surge: According to CryptoQuant data, Bitcoin long-term holder spending has approached 900,000 BTC, nearing historical cycle peaks, indicating that the market may be at a significant inflection point that could impact future price movements.
- Exchange-Related Transfers: The recent spike in spending is primarily driven by exchange-related activities, particularly internal transfers on Coinbase, suggesting a measured liquidity provision rather than panic selling, which may help stabilize the market.
- Profit-Taking Behavior: Long-term holders are gradually supplying liquidity into the market, indicating controlled profit-taking rather than a full exit, which could signal the continuation of the bull market.
- Market Transition Signal: CryptoQuant's data suggests Bitcoin is entering a late-cycle transition phase, with controlled activity from long-term holders; future market volatility will depend on ongoing demand absorption, especially from institutional and ETF inflows.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
