Long-term investors in the crypto market are selling their holdings, which is seen as a bullish sign. Historical trends show that when long-term holders reduce their balances, it often coincides with strong rallies in Bitcoin. Over 1 million BTC have changed hands during the recent price rise above $100,000, as short-term traders take advantage of the long-term holder distribution. The pace of selling by long-term holders has slowed, indicating a more measured approach. The number of BTC held in centralized exchanges has declined, which is viewed as a bullish indicator. Some of the coins may have been moved to ETF wallets, making them easily tradable.



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