Long term holders of Bitcoin experience a surge in selling and reach one of the highest levels in five years
CryptoQuant analyst @ IT_Tech-PL pointed out that long-term Bitcoin holders are once again selling during the strong market period, and the surge in 30 day LTH distribution is one of the largest in the past 5 years. This phenomenon usually occurs near the macroscopic top rather than the bottom. (CryptoQuant)
