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Bitcoin Warning Signs? Long-Term Holders Exit While Retail Buyers Rush In

  • Bitcoin is experiencing a retreat from its recent all-time high, currently trading in the mid-$100,000 range, with on-chain data reflecting a potential waning momentum.
  • Significant stablecoin outflows from Binance, decline in long-term holder participation, and diverging accumulation patterns among wallet cohorts are indicating a looming correction for Bitcoin.
  • Large-scale stablecoin withdrawals suggest reduced buying power, while long-term holders have decreased their exposure despite the recent price surge.
  • However, other on-chain data hints at a continued upward trajectory for BTC, with the Net Realized Profit/Loss metric supportive of an upward movement and increasing BTC outflows from exchanges possibly indicating renewed institutional interest.

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