ChainCatcher news, according to CoinDesk, about a week ago, long-term Bitcoin holders (LTHs) have been distributing a large number of BTC. Since then, LTHs have accelerated their pace, reducing the total amount of Bitcoin held from about 14.2 million in mid-September to about 13.2 million.

According to Glassnode data, on Thursday, long-term Bitcoin holders sold nearly 70,000 BTC, the fourth largest single-day sell-off this year.