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Reasons for the drop in Bitcoin prices: Companies buy in bulk, but long-term holders sell in bulk to the tune of 2 trillion yen

2025/04/04CoinPost
Written by Lewis Kikutani
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Reasons for the drop in Bitcoin prices: Companies buy in bulk, but long-term holders sell in bulk to the tune of 2 trillion yen
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  1. Long-term holders selling?

Long-term holders selling?

CryptoQuant, a cryptocurrency analysis company, released a new report on the 2nd analyzing corporate bitcoin purchases and the factors behind the price decline in the first quarter of 2025. According to the company, in the first quarter, companies added a total of 91,781 BTC (equivalent to 1.1 trillion yen) to their balance sheets, yet the price of bitcoin fell 12% from $94,400 to $82,500.

Related: CryptoQuant Analysis: Cryptocurrency Market Continues Bearish Market After President Trump's Announcement of Mutual Tariffs

The largest buyer in the quarter was Strategy (formerly MicroStrategy), which spent about $8 billion...

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Iolite Vol.13

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May 2025 issueReleased on 2025/03/28

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.