Bitcoin long-term holders intensify selling pressure, data shows

Selling pressure from Bitcoin long-term holders (LTHs) is intensifying, CoinDesk reported, citing data from Glassnode. Over the past month, LTHs—defined as those holding BTC for more than 155 days—have net sold 143,000 BTC, marking the fastest selling pace in the last five months. The report notes that this trend contrasts with the performance of safe-haven assets like gold and silver, which are showing strength near their all-time highs while Bitcoin displays relative weakness. This divergence suggests the cryptocurrency market could be entering a period of further declines or prolonged range-bound trading.