According to the latest analysis data of the blockchain analysis company Glassnode. In the past month, long-term Bitcoin holders have had a reasonable continuous selling rate.
Judging from the peak of 13.5 million BTC held. Long-term holders have sold (assumed to sell) 150,000 BTC. This is equivalent to about 5.8% of the amount accumulated since March 2021.
In addition, from the market low in September. The proportion of profits for long-term Bitcoin holders is also increasing. The supply of profitable long-term Bitcoin holders increased from 72.3% to 75.8% of the circulating supply, while the proportion of floating losses dropped from 9.65% to 5.80%.