Bitcoin long-term holders have sold off 2.078M $BTC since Nov 2023.
This isn’t just profit-taking anymore — it’s a clear trend shift in holder behavior.
With only around 500K BTC projected left to be offloaded by LTHs, the market’s at a critical inflection point:
▫️If bulls step up, we stabilize and climb.
▫️If not, we retest major support zones — hard.
Remember:
Price isn’t king — behavior is.
Watch the distribution and sentiment, not just the candles.
