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Are Bitcoin Long-Term Holders Starting to Sell?
- Bitcoin has reached a new all-time high of $100,000, sparking discussions about long-term holders starting to sell.
- On-chain data indicates an increase in profit realization among investors, but this is considered a healthy part of Bitcoin's market cycle.
- Long-term holder supply of Bitcoin is growing, with many investors transitioning into long-term holders without selling their coins.
- HODL Waves analysis reveals that over 70% of Bitcoin supply is held by mid to long-term participants.
- While some long-term holders may be selling, the data suggests a structurally strong phase in the market with room for further price growth.
- Monitoring long-term holder behavior can provide insights into market sentiment and price movements.
- The data indicates that profit-taking is occurring at a sustainable pace and is not indicative of a market top.
- By examining age-based distribution of BTC holdings, potential tops and bottoms in the market can be better understood.
- Institutional and retail participation, along with the current bull cycle stage, suggest room for further price growth in Bitcoin.
- This information is for educational purposes only and does not constitute financial advice.
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