According to Foresight News , data from Glassnode shows that after months of continuous net selling, the net position changes of long-term holders (LTH) are now moderating, indicating that selling pressure from experienced holders is easing as Bitcoin prices stabilize. While supply-side headwinds for BTC remain, the intensity of the sell-off is weakening.
glassnode: The intensity of the BTC sell-off is weakening.
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