Glassnode: The selling pressure of long-term BTC holders is weakening

BTC-0,26%

ChainCatcher reports that, according to Glassnode charts, after months of continuous net selling, the net position of Long-Term Holders (LTH) is now beginning to stabilize. This indicates that as Bitcoin prices stabilize, the selling pressure from experienced holders is easing. Resistance in BTC supply remains, but the intensity of selling is weakening.

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