Bitcoin long-term holder (LTH) supply has declined for five consecutive weeks, though selling pressure is easing significantly. According to CryptoQuant analyst Axel Adler Jr., 30-day LTH selling volume dropped from 105,900 BTC to 21,700 BTC, indicating a sharp deceleration in distribution despite the ongoing supply drawdown. Despite Bitcoin briefly reaching $81,200 last week, long-term holders remained at a slight loss on average when transferring their holdings. The data suggests that while LTHs continue to reduce positions, the pace of selling has slowed considerably even as prices recover.