According to BlockBeats, on June 2nd, Glassnode officially announced that "investors who have held Bitcoin for 3 to 5 years reached a new high of 15.7% of total supply on November 9, 2024, since March 2017. They then began selling, followed by a pause, and resumed selling in April 2025.
At present, their holdings of Bitcoin account for 11.9%, still far above the cycle low of about 3%, which still poses significant pressure.
The 'realized market value holding volatility' of Bitcoin reflects the value held by different age groups holding the currency. Investors who hold coins for 3 to 5 years still control a large amount of wealth and often sell them when prices are strong. The recent slowdown in selling suggests that selling pressure may be nearing depletion, but the holding ratio of 12% of the total supply indicates that many investors in this group are still waiting for higher prices
