BlackRock Acquires $900 Million in Bitcoin Amid Long-Term Sell-Off Decline

BlackRock Adds $900 Million in Bitcoin

BlackRock has acquired approximately $900 million in Bitcoin as long-term holder sales have dropped to their lowest levels since 2017, suggesting early signs of BTC accumulation. In the first week of January, the asset management company reconstructed its exposure after a period of decline at the end of 2025.

Despite high prices, long-term holders are now selling at the lowest rate since 2017. On-chain data indicates a potential accumulation phase among certain wallet groups. According to data from Lookonchain, BlackRock accumulated Bitcoin over a three-day span, adding 9,619 BTC, valued at around $878 million. Currently, the firm holds approximately 780,400 BTC, worth about $70 billion.

Additionally, the BTC holdings peaked on November 30, with around 804,000 BTC valued at approximately $96.5 billion. Although holdings decreased to 771,000 BTC on January 1, BlackRock quickly managed to add nearly 9,000 BTC in the first week of the month.

The Bitcoin Exchange Inflow Coin Days Destroyed (CDD) metric on Binance has reached its lowest level since 2017, indicating that older coins are circulating very little. Furthermore, data shows that long-term holder supply has declined from over 15 million in July 2025 to 13.6 million in November 2025.

These trends suggest an accumulation phase as recent sellers withdraw. The Spent Output Profit Ratio (SOPR) report compares the profits or losses of recent sellers to those of long-term holders. This pattern reflects a cleansing phase after rapid increases, where speculative positions are divested.

With Bitcoin having fallen approximately 20% to 25% from its highs, the current dynamics may mark the early stages of accumulation, provided the selling pressure from recent buyers continues to decline.