🚀 Bitcoin's Rollercoaster: What You Need to Know! 🚀

- CryptoQuant reveals that Bitcoin's long-term holders (LTHs) cashed in during the November-December rally, using the Spent Output Age Bands (SOAB) indicator. The 6-12 month holders, who likely bought around the spot ETF launch, were the most active sellers.

- Despite this selling pressure, Bitcoin remains strong, trading between $90K and $100K, thanks to robust demand. Notably, those holding for over a year are holding out for even higher prices! 💪

- Bitcoin is currently at $95,723, down 2.97% in 24 hours. Analysts predict potential volatility as Friday's Mega Expiry looms.

What are your thoughts on Bitcoin's future? Share in the comments!