Data shows that long-term holders sold 400,000 BTC in the past 30 days, representing nearly 2% of the total supply.


crypto analyst Quinten stated that in the past 30 days, long-term holders of Bitcoin have collectively sold about 400,000 BTC, accounting for nearly 2% of the total Bitcoin supply. Despite facing a large amount of selling pressure, Bitcoin still remains above $100,000. He pointed out that once real market demand kicks in, the price of Bitcoin may see even greater upside potential.