Hey team? 👋🏻
More than 1.019 million BTC have migrated from short-term holders to long-term holders in the last 30 days, according to on-chain data.
This behavior indicates a decrease in short-term selling pressure and reinforces the accumulation thesis — typical of pre-rally phases in market cycles.
🔍 When the available net supply decreases, and retention increases, the scenario favors upward movements.
Technical conclusion?
The market is preparing.
Not to sell. But to wait for the next strategic price movement.
