Long-term Bitcoin holders have sold 1 million Bitcoins since September

ChainCatcher news, according to CoinDesk, about a week ago, Bitcoin long-term holders (LTHs) began distributing a large amount of BTC. Since then, LTHs have accelerated the pace, reducing their total Bitcoin holdings from about 14.2 million in mid-September to about 13.2 million.

According to Glassnode data, on Thursday, Bitcoin long-term holders sold nearly 70,000 BTC, marking the fourth largest single-day sell-off this year.