Glassnode: Long-Term Bitcoin Holder Selling Pressure Cools, BTC Net Outflows Decline

Odaily News Glassnode posted data on the X platform indicating that the selling rate of long-term Bitcoin holders has currently slowed down. Net outflows have retreated from extreme levels, suggesting that the market is gradually absorbing the supply from long-term holders, and a significant portion of the supply pressure above may have been largely digested.