Long-term Bitcoin holders are gradually selling, with holdings at their lowest level since July 2022

According to BlockBeats, on December 3, according to data disclosed by IntoTheBlock, long-term Bitcoin holders are gradually reducing their balances and currently hold 12.45 million bitcoins, the lowest level since July 2022.

The long-term holder balance fell by 9.8% in this cycle, which has not yet reached the peak of the previous cycle. The long-term holder balance will fall by at most 15% in 2021, compared with 26% in 2017. $BTC