Bitcoin’s long-term holders (LTHs) have recently sold over 241,000 Bitcoin worth about $26 billion in the last month. This selling pressure could drive prices towards $95,000 or lower, according to analysts. LTH sales follow a surge in price driven by DeFi applications and institutional investment. A recent CryptoQuant analysis reveals a sharp decline in LTH holdings over 30 days, with nearly $26 billion worth of Bitcoin sold off during that period. This trend is being further exacerbated by large whale activity, with an additional 115,000 BTC leaving the ecosystem in the same time frame. Meanwhile, institutional demand for Bitcoin continues to weaken, as treasury companies purchase volume has significantly declined since June. This declining buying from these entities adds pressure on the price. While recent price drops have triggered a bear flag pattern indicating potential bearish momentum, experts are optimistic about Bitcoin’s long-term outlook, suggesting a possibility of reaching new all-time highs. It remains to be seen whether this continued selling will lead to further price dips or if market forces will ultimately drive prices upward.