LONG-TERM HOLDERS SPENT >370K BTC / MONTH Many observers point to ~144K BTC of net LTH distribution over the past 30 days using Net Position Change. However, gross on-chain data shows that >360K BTC was actually spent by LTHs. 🧵 Let’s break down why these numbers differ and what they really tell us. 📉 http://glassno.de/3NM2943(glassnode)