Bitcoin (BTC) Sell-Off Driven by New Buyers Taking 20–30% Profits, Says @Excellion; ETF Buyers Implicated | Flash News Detail | Blockchain.News
Latest Update
11/10/2025 10:18:00 PM

Bitcoin (BTC) Sell-Off Driven by New Buyers Taking 20–30% Profits, Says @Excellion; ETF Buyers Implicated

Bitcoin (BTC) Sell-Off Driven by New Buyers Taking 20–30% Profits, Says @Excellion; ETF Buyers Implicated

According to @Excellion, the latest Bitcoin sell-off was led by buyers from the past 12–18 months in spot and ETF markets who are taking 20%–30% fiat gains. Source: @Excellion (X, Nov 10, 2025) He adds that these sellers were influenced by news about a 2025 cycle peak and reports of OG holders selling, prompting them to exit. Source: @Excellion (X, Nov 10, 2025) He states this cohort is now largely depleted, with higher-conviction HODLers absorbing supply, which he views as a positive market development. Source: @Excellion (X, Nov 10, 2025) He also stated that 2026 could be a strong year and advised planning accordingly. Source: @Excellion (X, Nov 10, 2025)

Source

Analysis

In the ever-volatile world of cryptocurrency trading, recent insights from Bitcoin advocate Samson Mow shed light on the dynamics behind the latest Bitcoin sell-off. According to Mow's discussions with sources, the pressure stems primarily from newer buyers who entered the market within the last 12-18 months, either through spot purchases or Bitcoin ETFs. These investors are cashing out for modest 20%-30% gains in fiat currency, driven by media narratives suggesting the current Bitcoin cycle might peak in 2025. This fear of missing the exit, compounded by reports of original gangsters (OGs) selling their holdings, has prompted these speculators to offload their BTC positions. Unlike long-term HODLers who buy Bitcoin based on fundamental principles like decentralization and scarcity, this cohort operates more like news-driven traders, reacting to headlines rather than conviction.

Market Sentiment and the Depletion of Weak Hands in BTC Trading

As we analyze this from a trading perspective, it's crucial to note how such sell-offs represent a classic shakeout of weak hands in the Bitcoin market. Mow emphasizes that this group of sellers is now largely depleted, with their coins being absorbed by conviction-based HODLers. This transfer of ownership is often viewed as bullish in crypto circles, as it strengthens the holder base and reduces future selling pressure. For traders, this scenario highlights potential support levels where accumulation could occur. Historically, Bitcoin price charts show that after similar capitulations from short-term speculators, BTC often rebounds strongly, especially post-halving cycles. Without real-time data at this moment, we can reference broader market sentiment indicators, such as the Bitcoin Fear and Greed Index, which has fluctuated between neutral and fear zones during recent dips, signaling opportunities for dip-buying strategies. Traders should monitor on-chain metrics like the realized HODL waves, which track holding periods, to confirm if long-term holders are indeed increasing their stacks amid this volatility.

Trading Opportunities Arising from Cycle Peak Narratives

Diving deeper into trading strategies, the narrative around a 2025 cycle peak—fueled by factors like the 2024 Bitcoin halving—creates both risks and opportunities. Speculators exiting early might be leaving money on the table, as past cycles (e.g., 2017 and 2021) have shown extended bull runs beyond initial peak predictions. For instance, if we consider Bitcoin's price action, support levels around $50,000-$55,000 have held firm in previous corrections, offering entry points for swing traders aiming for a rebound toward $70,000 or higher. Volume analysis is key here; a spike in trading volume during sell-offs often precedes reversals, as seen in data from major exchanges. Institutional flows, particularly through Bitcoin ETFs, add another layer—net inflows could counterbalance retail selling, stabilizing prices. Traders might explore leveraged positions on BTC/USD pairs, but with caution, incorporating stop-losses to manage downside risk. Moreover, cross-market correlations with stocks like those in the Nasdaq, which often move in tandem with BTC during risk-on periods, suggest watching for broader economic signals such as interest rate decisions that could propel Bitcoin higher into 2026.

Looking ahead, Mow's optimistic outlook for 2026 aligns with long-term Bitcoin adoption trends, including growing institutional interest and regulatory clarity. This could manifest in increased on-chain activity, with metrics like daily active addresses and transaction volumes serving as leading indicators for bullish momentum. For crypto traders, this implies focusing on accumulation during dips rather than chasing highs. Diversifying into related assets, such as Ethereum (ETH) or Solana (SOL), which often follow BTC's lead, might provide hedging opportunities. Ultimately, the key takeaway is to trade with conviction, ignoring short-term noise from news cycles. By planning for a robust 2026, as Mow suggests, investors can position themselves for substantial gains, potentially seeing Bitcoin surpass previous all-time highs amid global economic shifts. This analysis underscores the importance of patience in crypto trading, where conviction holders often reap the rewards after speculators exit. (Word count: 682)

Samson Mow

@Excellion

Might be in HBO's #MoneyElectric. Working on nation-state #Bitcoin adoption. CEO @JAN3com , building @AquaBitcoin, CEO @Pixelmatic & creator of @InfiniteFleet.