According to on-chain data, fewer people are willing to sell their Bitcoin (BTC) holdings.Less than 10% of BTC holders were eager to sell as of October 2024, compared to 26% in mid-2021 and 64% in 2013.Long-term holders and short-term holders are willing to hold onto their BTC despite its volatility.The engagement of institutions, especially with the approval of Bitcoin ETFs, and the limited options market contribute to this trend.