The Silent Shift: Long-Term Bitcoin Holders Signal Potential Bottom

A Crucial Shift in Bitcoin’s On-Chain Landscape In the ever-evolving landscape of digital assets, certain on-chain signals stand out as harbingers of significant market shifts. One such signal has just emerged, turning heads across the Web3 ecosystem: Long-Term Bitcoin (BTC) holders have ceased their net selling activity, a phenomenon not observed since July. This development is more than just a statistical blip; it represents a profound change in the supply dynamics of Bitcoin and offers a compelling argument for a potential bottom being in after the recent downturn. ...

October 27, 2023