@reza21
Bitcoinâs selling pressure from long-term holders may be nearing critical levels after years of steady distribution, according to a new report from research firm K33. The report shows that around 1.6 million Bitcoins have returned to the trading circuit since 2024.
In a note, K33 Researchâs head of research, Vetel Lunde, said that the supply of Bitcoin in unspent transaction outputs (UTXOs) older than two years has been steadily declining since 2024. He stressed that the magnitude of the decline reflects deliberate selling by early investors, not normal technical activity.
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