🚨 $BTC  Long-Term Holders Are Firing Off a Clear Signal

Long term holders have flipped deep into distribution again, with net position change pushing aggressively into the red. This is the kind of structural sell flow that usually appears only in late cycle phases when conviction holders start realizing profits.

What makes this wave notable is its magnitude relative to price. BTC is holding above key macro supports while LTH outflows accelerate, suggesting the market is absorbing supply more efficiently than expected.

Historically, such periods of heavy LTH distribution often precede major trend inflections. Either the market is setting up for a sharp reclaim once supply pressure eases or we’re entering a deeper cooling phase where LTHs continue offloading into liquidity pockets.

The next move hinges on whether buyers can keep absorbing this supply. If inflows return or distribution cools, #BTC may attempt to regain momentum. If not, volatility could expand quickly.