<ul data-eligibleForWebStory="true"><li>Bitcoin long-term holders are refusing to sell amid high supply, as per data from Glassnode.</li><li>The 'Bitcoin Long-Term Holder Spending Binary Indicator' shows minimal spending for the first time since June 10.</li><li>Long-term holder supply has reached near all-time highs at approximately 14.7 million BTC.</li><li>This accumulation suggests strong belief in Bitcoin's future value as holders prefer to retain their assets despite market fluctuations.</li><li>The Glassnode chart confirms the trend of minimal spending among long-term holders.</li><li>Experienced Bitcoin investors are holding onto their assets despite current market volatility, riding out price swings.</li><li>This behavior could potentially stabilize the market by reducing overall selling pressure.</li></ul>

Bitcoin Long-Term Holders Refuse to Sell Amid High Supply

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