According to Foresight News, data from IntoTheBlock reveals that the holdings of long-term Bitcoin holders have decreased to 12.45 million coins, marking the lowest level since July 2022. This decline in holdings is part of the current market cycle, where long-term holders have reduced their positions by only 9.8%. This reduction is notably smaller compared to previous bull market cycles, where the decrease was 15% in 2021 and 26% in 2017.

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