TechFlow reported on December 20, according to CoinDesk, that approximately one week ago, Bitcoin long-term holders (LTHs) had already begun distributing large amounts of BTC. Since then, LTHs have accelerated their pace, reducing their total holdings from about 14.2 million BTC in mid-September to around 13.2 million BTC.
According to Glassnode data, on Thursday, Bitcoin long-term holders sold nearly 70,000 BTC—the fourth-largest single-day sell-off this year.
Add to Favorites
Share to Social Media
