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Glassnode reveals that long-term Bitcoin holders (holding >155 days) are beginning to realize profits. This selling pressure is likely acting as a barrier to new all-time highs, even as institutional demand remains strong. While the long-term outlook is still positive, this behavior suggests that profit-taking from early holders could temporarily cap the current rally. #BTC Despite marked LTH profit-taking and spending, their proportion of network wealth continues rising, showing maturation and accumulation pressures outweighing distribution behavior. This trend is highly atypical for late-stage bull markets, which traditionally see declining LTH supply during sustained distribution periods. The current cycle reflects unique duality: elevated LTH spending occurs alongside even greater coin aging into maturity. This introduces new market structure where LTH wealth appears stickier than prior cycles. A likely driver is U.S. Spot Bitcoin ETFs and growing institutional participation, which may anchor larger supply portions in long-term custody. #HODLTradingStrategy
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#MuskAmericaParty JUST IN: 🇺🇸 Elon Musk officially announces formation of the 'America Party.' "When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy." something interesting is coming. Elon Musk says his new 'America Party' will embrace Bitcoin. "Fiat is hopeless." $BTC
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#MuskAmericaParty it's something new from Elon Musk Good for Bitcoin $BTC
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Enjoying the call... #Mask
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🇮🇳 For indians Bad news UPDATE 🚨 : Bybit will charge users in India 18% GST on all trading and service fees starting tomorrow, July 7. On top of the 30% crypto tax and 1% TDS. $BTC $ETH
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