Long-term bitcoin holders resume selling as price lags behind traditional markets

Long-term bitcoin holders are selling at the fastest pace since August as the cryptocurrency's price lags behind broader financial markets. What to know : Long term bitcoin holders have sold roughly 143,000 BTC in the past 30 days, the most aggressive divestment since August. The reductions reverse a brief accumulation phase seen in late December and early January. Long-term distribution remains a headwind for the bitcoin price as broader financial markets rally.