Long-term holders are getting rid of BTC.

Long-term Bitcoin holders (coin age from 18 to 36 months) have reduced their holdings by more than 2 million coins since November 2023, cashing out $138 billion. A corresponding chart has been provided.

CryptoQuant modeled the situation, which made it clear that the trend will continue, and by the end of the year, over 500,000 coins will be released to the market from long-term holders.

This offer is being bought out by companies, countries, and small private investors. Most transactions are conducted through OTC.