Glassnode: Bitcoin's monthly sell-off by long-term holders reaches highest since April
Data tracked by Glassnode shows that recently, long-term Bitcoin holders (LTH) have begun to sell off on a large scale, with monthly sales reaching their highest level since April 2024, at 366,000 BTC. The data indicates that among LTHs, those who held for 6 to 12 months are leading the way, selling an average of 25,600 BTC per day. Most of the recent selling activity comes from this specific group of investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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