Recent blockchain data reveals significant activity among 6-12 month Bitcoin holders, with approximately 179,000 Bitcoins transferred between December 4 and December 7. These holdings, accumulated during the consolidation period from March to October, are likely being sold as profits near the $100,000 mark.

Additionally, a notable shift in Long-Term SOPR data, a crucial indicator during bullish cycles, suggests potential price declines. This shift mirrors signals from earlier this year, marking it as a critical benchmark for market sell-offs. Despite these movements, the overall market outlook remains optimistic, reflecting confidence in Bitcoin's long-term trajectory.