Bitcoin Holders Dump 370K BTC — Much More Than Reports Show

Bitcoin (BTC) investors who hold their coins for the long term have been selling at a much larger scale than some metrics suggest, according to recent data from blockchain analytics firm Glassnode. Over the past 30 days, long-term holders (LTHs) spent more than 370,000 BTC or roughly 12,000 BTC per day.  Yet, a commonly cited measure called Net Position Change only shows a decline of about 144,000 BTC in LTH holdings over the same period. https://twitter.com/glassnode/status/2016881054842302807 The difference comes from how these metrics are calculated. Net Position Change measures the overall balance of long-term coins, factoring in new coins

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