# Bitcoin Selling Tops $850 Million as Recent Buyers Lead Daily Sales By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/57270 Published: 2026-11-14T08:04:36.000Z Updated: 2026-11-14T08:04:36.000Z Section: Investing > More than 85% of selling came from investors who recently bought near $80,000, while long-term holders have mostly stayed in place. Bitcoin (BTC) selling has topped $850 million a day, with more than 85% coming from investors who recently bought near $80,000, while long-term holders have mostly held on, on-chain analyst Checkmate said Nov. 14. Daily selling rose from about $420 million to more than $850 million. Checkmate characterized the move as the fourth capitulation-style episode since Bitcoin’s all-time high. The analyst also put Bitcoin’s mean-reversion index at Q18, in the lowest 18% of its distribution. Readings below Q20 are described as deep-value territory, putting Q18 beneath that level. Checkmate said most long-term holders remain in profit and have sold little. An Oct. 15 comparison found average unrealized gains of about 64% for long-term holders and 9% for recent buyers, reflecting a [smaller unrealized-profit cushion among recent buyers](). Their average cost bases were $49,300 and $74,400, respectively. ## Links in this article - [smaller unrealized-profit cushion among recent buyers](https://www.tokenpost.com/news/investing/32419)