📊 Bitcoin Long-Term Holders are Nearing a Significant Profit Threshold!
According to CryptoQuant analyst Axel Adler Jr, when Bitcoin's Long-Term Holders (LTHs) achieve over 300% profit on their purchase price, they often begin to sell in large quantities.
📈 Currently, the average profit for LTHs has reached approximately 215%. This means the market is at a critical juncture — where there is potential for slight profit-taking activity and the possibility of a large sell-off.
💡 Market volatility is anticipated.
If the price approaches the 300% profit threshold, selling pressure may increase.
🛡️ Stay cautious, and be sure to use stop-loss orders.
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