Bitcoin Sell Pressure Eases as Long-Term Holder Outflows Drop and Spot Demand Recovers

Recent on-chain data reveals a significant reduction in Bitcoin (BTC) selling pressure as outflows from major investors begin to stabilize. Outflows from long-term Bitcoin holders (LTH) fell to 276,000 BTC over the past 30 days, indicating a notable shift in investor behavior. This figure represents a sharp decline from the 904,000 BTC in selling volume recorded during the previous November. Simultaneously, market indicators point to a resurgence in spot market demand, which is effectively absorbing the remaining sell-side liquidity. The decrease in outflows suggests that long-term investors are holding their assets more firmly despite market fluctuations. This combination of reduced supply from long-term holders and rising spot demand creates a favorable environment for price support and potential upside momentum.

Sources:cryptopotato.comcryptorank.iophemex.commexc.comcoinmarketcap.combinance.comtradingview.cominvesting.comtrakx.ionasdaq.comroic.aikucoin.comfinbold.comrootdata.comtrendingtopics.euca.investing.combitcoinmagazine.com