Detentores de Bitcoin perdem terreno a ritmo acelerado... maior queda em dois anos

On-chain data shows that recently the number of Bitcoin (BTC) holders has decreased sharply, marking the fastest “holder exit” trend in about two years. This is interpreted as a signal that, after the recent price increase, small investors are beginning to take profits.

According to data from on-chain analysis firm Santiment on the 13th, in the past 5 days, 245,000 Bitcoin (BTC) wallets have become inactive. This indicator refers to the “Total Amount Of Holders” showing addresses with non-zero balances.

The possibility of small investors mainly selling off

Santiment believes this change is primarily related to the movements of “individual investors.” Analysis indicates that the large-scale reduction in wallet numbers suggests that, compared to whales, small-scale holders are more likely to be selling. The decrease in the number of holders means more investors are withdrawing from the asset.

The number of Bitcoin (BTC) holders steadily increased from 2025 to early 2026, but the trend reversed in May. Especially recently, the price first rose and then the number of holders decreased, indicating that some investors may not be expecting further gains but instead choosing to lock in current profits. The market interprets this as a “profit-taking” or “distribution” signal.

A trend similar to last summer

It is worth noting that this decline is the fastest since summer 2024. At that time, over 946,000 wallets also decreased within 5 weeks, after which Bitcoin (BTC) entered a full bull market. Santiment explained: “Surrender is one of the key elements needed to start a bull market,” whether due to panic exits or shattered expectations of further rises, which can lead to a reduction in holders.

However, it is still too early to draw conclusions. It remains to be seen whether this decrease in holders will last for several days or if there will be a rebound. Bitcoin (BTC) price has shown no clear direction in the past 5 days, consolidating around $81,000. Whether the change in the number of holders is a short-term adjustment signal or a phase of consolidation preparing for the next rally still requires further on-chain data confirmation.

Article summary by TokenPost.ai

🔎 Market interpretation Recently, the number of Bitcoin holders has decreased at the fastest rate in two years, with a clear short-term profit-taking trend. Especially, the selling behavior centered on small investors may be a typical distribution phase signal after a price increase. Similar cases in the past (summer 2024) were followed by a bull market, so it is not simple to interpret this as a bearish signal.

💡 Strategic points In the short term, a conservative strategy should be adopted, considering the possibility of further adjustments or sideways movement. If the number of holders continues to decrease, it can be interpreted as a market weakening signal; but if a quick rebound occurs, there is a possibility of “turnover” restarting the rally. Compared to whale movements, more attention should be paid to retail investor flows, and strategies should be based on on-chain data trends.

📘 Terminology explanation Total Amount Of Holders：Number of Bitcoin addresses with non-zero balances, an on-chain indicator measuring the actual holder scale Profit-taking：Selling assets after a price increase to realize profits Distribution：After a rise, investors sell assets, increasing market supply

💡 Frequently Asked Questions (FAQ)

Q. Why is the decrease in Bitcoin holders important? The number of holders is a core indicator reflecting the popularity of market participants. A decrease in this figure suggests investors are withdrawing from the market, which may indicate increased selling pressure in the short term.
Q. Could this trend indicate the start of a decline? Not necessarily. As in past cases, a reduction in holders can also occur during the “consolidation zone” at the beginning of a bull market. Therefore, it is necessary to combine further on-chain data and price trends for a comprehensive judgment.
Q. Who is selling more, individual investors or whales? Due to the characteristic of a large number of wallets decreasing in this data, analysis suggests that the proportion of selling by small investors is higher than that of whales. Whale wallets are fewer, making such a large decrease less likely to be caused solely by them.

TP AI注意事项 使用基于TokenPost.ai的语言模型对文章进行了摘要。可能遗漏原文主要内容或与事实存在出入。