✴️#BTC $BTC
Glassnode's weekly crypto market review:
- long-term holders have started selling aggressively, so far less than the peak in March (934,000 BTC were sold), but still very solid (almost 730,000 BTC)
- most of the selling pressure at the moment is likely coming from coins aged 6 months to 1 year
- longer term holders may need a higher price to be willing to sell aggressively.