Deep Tide TechFlow News, on November 26, on-chain analysis platform Glassnode data shows that the selling pressure from long-term holders (LTH) of Bitcoin reached 366,000 Bitcoins per month, the highest since April 2024. The data indicates that the group of investors who have held their coins for 6-12 months is leading the selling tide, averaging a daily profit-taking sale of 25,600 Bitcoins, becoming the main source of recent selling activity.

Specific analysis shows that the average cost basis for this group of 6-12 month holders is 71% lower than the current market price (approximately $57,900). During the period when Bitcoin's price rose from $74,000 to $99,000, these investors chose to take profits.