Bitcoin Short-Term Holder Supply Surges, Pressuring Prices Near $87,000
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Surge in Short-Term Holder Supply: Analyst Sunny Mom highlights that Bitcoin's short-term holder supply has significantly increased as prices decline, with coins held for less than 155 days now representing a growing share of total supply, indicating passive bag-holding rather than new capital entering the market, which creates selling pressure during price recoveries.
- Escalating Unrealized Losses: Since October, investors who bought during the rally to $120,000 and the November dip are facing unrealized losses, with Mom explaining that these holders are attempting to exit at breakeven, turning the expanding short-term cohort into a price ceiling rather than support, exacerbating market downward pressure.
- Demand Vacuum Risks: Despite exchange reserves nearing multi-year lows and long-term holders showing little interest in distributing coins, a demand vacuum has emerged, with Mom warning that modest selling could sharply push prices lower on thin order books, increasing market uncertainty.
- Price Prediction Adjustments: The analyst predicts that Bitcoin may need to drop below $80,000 to flush out remaining weak hands, allowing larger holders to reaccumulate, although some market watchers are targeting a recovery in Q1 2026 based on expected rate cuts and improved global liquidity.
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.
