The investors who hold their BTC for up to 1 month are selling their coins. Currently, they hold 1.25 million BTC, while the recent peak was 2.56 million, indicating a distribution of 1.31 million BTC. They represent 6.4% of all investors, and the current number of addresses is 3.42 million. The significant coin distribution is related to the low quantity of addresses, likely from new whales in the market, who prefer short-term trades!