Bitcoin Holders Initiate Widespread Selling – Market Pressure Evident

A notable shift is occurring in the Bitcoin market as holders are transitioning from accumulation to distribution. Institutional and long-term investors alike are reducing their holdings, creating a widespread selling trend. This trend has been observed across all account sizes according to Glassnode data, with 10-100 BTC holders leading this movement. Experts suggest this synchronized selling is driving significant market pressure, potentially impacting liquidity and volatility in the broader cryptocurrency ecosystem.