📊 Glassnode: Long-Term Bitcoin Holders Ramp Up Net Selling Activity 💰

According to Glassnode, long-term Bitcoin holders (LTHs) have begun increasing their net selling, signaling a potential profit-taking phase amid recent price volatility.

🔹 On-chain data shows a surge in LTH outflows to exchanges — the highest in several months.

🔹 Analysts suggest that seasoned holders are capitalizing on elevated price levels while new institutional inflows via ETFs continue to absorb supply.

🔹 Despite this selling trend, overall market sentiment remains cautiously bullish, with supply concentration still near cycle highs.

💡 This dynamic reflects a market rotation — as early investors lock in profits, institutional players may be quietly accumulating through regulated products.

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