[Analyst: Long-term holders transfer over 297,000 BTC to exchanges, potential selling pressure rises] Odaily Planet Daily News – CryptoQuant analyst Darkfost posted on X, stating that as BTC's price approaches $80,000, selling activity among long-term holders (LTH) has significantly increased. Data shows that long-term holders had previously been in a continuous net accumulation phase, with their monthly average net increase in holdings reaching as high as 286,000 BTC in early June. However, this has now shifted to a net decrease of approximately 21,000 BTC, marking the first time this year that the amount of BTC sold or transferred by long-term holders has exceeded the amount entering long-term holding status. At the same time, the amount of BTC transferred by long-term holders to exchanges has risen to its highest level since 2026, with holders who have held BTC for 6 to 18 months being the most active, transferring over 297,000 BTC to exchanges. This signal warrants close attention. Although market demand has shown some improvement, the increased selling pressure from long-term holders could once again tilt the market's supply-demand balance in favor of sellers.