👀 Long-term holder sales $BTC are declining
The distribution from long-term holders has noticeably slowed down. Net outflow $BTC has decreased from extreme levels 📉
🤔 What does this mean?
— The market is gradually absorbing long-term supply.
— The bulk of excess selling pressure has likely already been exhausted.
— Signs of stabilization after the distribution phase.
Historically, such periods often serve as transitions before a new impulse 🤩

BTCUSDT
Perp
69,837
-1.31%