According to Glassnode

• Bitcoin has hit a 10-month low in the number of spent outputs with a 1 to 2-year lifespan.
• This metric indicates that long-term holders of Bitcoin are becoming less active in the market.
• It suggests a lack of confidence in Bitcoin’s long-term growth prospects among some investors.
• Some investors may be choosing to hold their BTC for longer periods rather than engaging in short-term trading.
• Bitcoin’s price has decreased by over 9% in the last seven days.
• Trading volume for BTC has also decreased by 16% in the past day.
• The percentage of unmoved Bitcoins has reached an all-time high of 53% over the previous two years, indicating less trading activity.

what do you think will be the consequences of this now? How will this affect the market?