Glassnode: Long-term Bitcoin holders sold about 97,000 BTC last Friday, hitting annual high

According to Glassnode data, selling activity of long-term Bitcoin holders (LTH) has accelerated recently. The 14-day moving average shows that activity has increased, but is still in the normal range of the current cycle, lower than the peak from October to November 2024. Last Friday, LTH sold about 97,000 BTC in a single day, becoming the largest single-day selling event this year. Judging from the token holding time, this batch of sold BTC mainly comes from the following groups: About 34,500 BTCs held for 1-2 years Hold about 16,600 BTC for 6-12 months About 16,000 BTCs held for 3-5 years The above groups account for about 70% of the total sales volume.