<ul><li>Bitcoin might be entering into two separate phases in the current market cycle, accumulation and distribution.</li><li>During accumulation phases, whales and long-term investors grow their Bitcoin holdings, indicating confidence in price growth.</li><li>During distribution phases, holders sell a percentage of their holdings, leading to market corrections and volatility.</li><li>Monitoring the On-chain CapFlow Sentiment Index can help identify changes in momentum and potential price drops.</li></ul>

Bitcoin On-Chain Data Shows Phases Of Accumulation And Distribution In Current Cycle

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