#BTCWhalesMoveToETH

Current cycle: Many people are selling their old Bitcoins to take profits. The total amount of Bitcoin sold for profit has already surpassed the 2021 cycle.

- 2017 Cycle: During the great "boom" of 2017, an even greater amount of Bitcoin was sold for profit, which drove the price to nearly $20,000.

- What does this mean? The fact that people are selling at this rate (and the market is absorbing it) is a sign that the Bitcoin market is very strong and liquid, but it also suggests that we are in an advanced phase of the cycle, where older investors are cashing in their profits.