Long-term Bitcoin holders have sold 1 million Bitcoins since September

2024-12-20 19:36:13

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ChainCatcher news, according to CoinDesk, about a week ago, Bitcoin long-term holders (LTHs) began distributing a large amount of BTC. Since then, LTHs have accelerated the pace, reducing their total Bitcoin holdings from about 14.2 million in mid-September to about 13.2 million.

According to Glassnode data, on Thursday, Bitcoin long-term holders sold nearly 70,000 BTC, marking the fourth largest single-day sell-off this year.

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