Ethereum long-term holders are currently selling approximately 45,000 ETH daily, the highest level of activity from this group since December 2021. This significant selling pressure, reported by on-chain analytics firm Glassnode, equates to around $70 million in Ethereum being sold each day. The trend is notable as it involves investors who have held Ethereum for 3 to 10 years, raising questions about market sentiment and potential impacts on Ethereum's price trajectory.