Analysis by BlockBeats reveals a notable decrease in Bitcoin holdings held by long-term holders (LTHs) since July 7, 2025. This period witnessed the reduction of approximately 363,000 Bitcoins, but LTHs still hold a substantial amount: a total of 2.57 million BTC, representing 13% of the circulating supply sold within four months. Despite this selling activity, Bitcoin’s price has only experienced a slight increase or decrease of around $2,000 since July 7, 2025. This indicates that while market pressure has been significant, strong demand has prevented significant price drops, suggesting a continuation of the current bull market rather than a transition to a bear market as per analyst Murphy’s insights. #BTC