🎉The Bitcoin market is experiencing a bull run again! According to Glassnode's latest report, long-term holders are transferring wealth to new investors, marking the maturation of the market. Long-term holders are realizing profits of up to $2.1 billion daily, while the demand from new investors is strong enough to absorb this supply. 📈

The report points out that increased institutional participation and retail interest have made the Bitcoin ecosystem more diverse and robust. While long-term holders are making profits, the resilience of new investors provides liquidity to the market, driving Bitcoin prices higher. Compared to previous cycles, the volatility of this bull market has decreased, thanks in part to institutional demand and the launch of spot Bitcoin ETFs. 🔍

Overall, the Bitcoin market is experiencing a natural cycle where wealth is redistributed as prices rise, and new investors are actively participating. 💪