Over the past few days, the wave of liquidations across the cryptocurrency market has shaken investor confidence, leaving many traders on edge. With strengthening bearish pressure, many BTC holders are distributing their coins. Bitcoin’s long-term holders (LTHs), typically known for extended grip on their coins, have begun selling, adding further pressure to an already cautious market. What does this mean for the coin in the short term? Old BTC Heads to Exchanges — Are Long-Term Holders Losing Confidence? The Coin Days Destroyed (CDD) of Bitcoin being deposited onto exchanges has reached its highest point in 30 days
source: https://beincrypto.com/bitcoin-long-term-holders-break-silence/