According to BlockBeats, Glassnode has reported a significant decline in the supply ratio between Bitcoin long-term holders (LTH) and short-term holders (STH). The 30-day percentage change has shifted from 'accumulation' to 'selling,' indicating early signs of profit-taking. This development follows several months of continuous buying by long-term holders and rising prices, suggesting a potential turning point. The supply ratio is considered a key indicator for observing trend reversals.

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