According to reports, Bitcoin long-term holders (LTH) appear to be easing off selling, though confirmation remains thin. On-chain analysts, including Darkfrost, have been monitoring "LTH supply change" to track coin movement. CryptoQuant founder Ki Young Ju highlighted the end of long-term holder sell pressure. However, a large Coinbase wallet migration in late November caused data distortions, as internal transfers can mimic actual selling. Analysts are attempting to adjust for this effect to get a clearer picture. Even with long-term holders relaxing, ETF flows could still significantly influence market dynamics, overshadowing shifts in LTH behavior. Major expansions in Bitcoin's history have tended to begin after long term holders shift from distribution into sustained accumulation.

According to reports, Bitcoin long-term holders (LTH) appear to be easing off selling, though confirmation remains thin. On-chain analysts, including Darkfrost, have been monitoring "LTH supply change" to track coin movement. CryptoQuant founder Ki Young Ju highlighted the end of long-term holder sell pressure. However, a large Coinbase wallet migration in late November caused data distortions, as internal transfers can mimic actual selling. Analysts are attempting to adjust for this effect to get a clearer picture. Even with long-term holders relaxing, ETF flows could still significantly influence market dynamics, overshadowing shifts in LTH behavior. Major expansions in Bitcoin's history have tended to begin after long term holders shift from distribution into sustained accumulation.