Glassnode tracking data shows that recent long-term holders (LTH) of Bitcoin have begun to sell off in large quantities, with monthly sell-offs reaching the highest level since April 2024, totaling 366,000 BTC. The data indicates that among the LTH group, those holding for 6 to 12 months are leading, averaging a daily sell-off of 25,600 BTC, with most of the recent sell-off activity coming from this specific investor group.