Data: Long-term holders sold 400,000 BTC in the past 30 days, accounting for nearly 2% of the total.

Over the past 30 days, long-term Bitcoin holders have sold approximately 400,000 BTC, representing nearly 2% of the total Bitcoin supply. Despite this significant selling pressure, Bitcoin has remained above $100,000. He pointed out that once genuine market demand picks up, the price of Bitcoin may see further upside potential.