Glassnode: Long-Term Bitcoin Holders Show Increased Selling Activity

Recent data from Glassnode, as reported by Foresight News, reveals that long-term Bitcoin holders have experienced a surge in selling activity since October 15th. Notably, they have unloaded approximately 28,000 coins, exceeding the number of Bitcoins acquired by short-term holders recently entering this group. This trend suggests an overabundance of selling rather than a natural maturation process of holdings.