Long-term Bitcoin holders are starting to sell
They’re up +215% on average
And like previous cycles they start selling when they hit +300%.
Right now, they are not dumping but they’re definately planning something.
This is that awkward zone where things still look bullish, but smart money is slowly eyeing the exit.
If BTC keeps pumping, don’t be surprise when the OGs start cashing out.
Don’t be their liquidity
Just a humble suggestion DYOR🫡