Long-term BTC investors are gradually selling off their assets.

Long-term BTC investors (holding for more than 155 days) have sold about 1 million coins since September. All of this is being bought up by short-term holders, the so-called fresh liquidity.

Essentially, the redistribution is already beginning, as well as profit-taking, which is often a negative harbinger, from which new cycles often begin.

There is no need to panic, nor should this information be perceived as the beginning of a bear trend; just keep it in mind and start gradually selling your BTC.