Glassnode: The market is gradually absorbing the selling pressure from long-term bitcoin holders

BlockBeats news, on January 12, Glassnode released data on social media indicating that the selling pace of long-term bitcoin holders has slowed down. The net outflow has retreated from extreme levels, suggesting that the market is gradually absorbing the supply from long-term holders, and a significant portion of the overhead supply pressure may have already been largely digested.