In fact, each peak period of the halving cycle begins with the exit of #BTC long-term holders, and during the price increase of BTC, long-term holders gradually release their chips. This cyclical judgment has almost never been wrong.

Additionally, it can be observed that, with cyclical changes, the number of long-term holders is continuously increasing, with more and more investors moving towards long-term holding, and this group of investors is often composed mainly of high-net-worth individuals.

From historical data, long-term investors rarely exit at the price peak; most gradually reduce their holdings during the upward process.

This tweet is sponsored by @ApeXProtocolCN|Dex With ApeX