Glassnode data shows that long-term Bitcoin holders send only 0.004% of the Bitcoin supply to trading platforms, which means that the amount of Bitcoin sent by long-term holders to trading platforms is very limited relative to the overall Bitcoin supply. This data shows that the long-term Bitcoin holder group is extremely inactive as market difficulties intensify, and does not care much about the regulatory charges against Binance and Coinbase. This may indicate that they are not too worried about the impact of these charges, or that they firmly believe in the long-term value of Bitcoin and are therefore relatively insensitive to short-term market fluctuations and events.