Long-term Bitcoin holders sold approximately 97,000 BTC last Friday, marking the largest single-day sell-off of the year, according to Glassnode data. The 14-day moving average indicates increased selling activity, though it remains within the normal range for the current cycle and below the peak levels seen in late 2024. The sell-off primarily involved BTC held for varying durations: 34,500 BTC held for 1-2 years, 16,600 BTC held for 6-12 months, and 16,000 BTC held for 3-5 years, collectively accounting for about 70% of the total volume sold.