Glassnode posted that the sell-off among bitcoin long-term holders (LTH) has accelerated in recent weeks, with the 14-day moving average (SMA) continuing to rise. However, overall activity remains within the normal range of the current cycle, significantly below the peak seen in October-November 2024.
This latest uptick in selling is largely due to a single event: Last Friday, long-term holders dumped about 97,000 BTC, the largest single-day sell-off of the year, driving a significant uptick in smoothing activity.
Glassnode: The sell-off among long-term bitcoin holders has accelerated in recent weeks, but it is still below last year's October-November peak
2025-09-02 00:53:44
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