According to @glassnode, long-term BTC holders are accelerating distribution, with LTH supply falling rapidly and the LTH net position change turning sharply negative. According to @glassnode, LTHs are realizing profits while bulls defend the $100k level, indicating increased sell-side flow from aged supply at this price area. Source: @glassnode on X, Nov 13, 2025, glassno.de/3XrNOLy

According to Miles Deutscher, Bitcoin's long-term holder net position change is stabilizing, indicating reduced selling pressure from this group. Long-term holders typically sell during price increases and re-accumulate when the market cools. Current net outflows have slowed to nearly zero, suggesting minimal selling activity. This trend could impact Bitcoin's market dynamics by reducing supply pressure, potentially influencing price stability. (Source: Twitter - @milesdeutscher)