Long Term Holders Selling, But U.S. Spot ETFs Keep the Bull Run Going! 🚀
Despite long-term holders (LTHs) offloading over 128K BTC, #US spot ETFs are absorbing nearly 90% of this sell-off. This surge in institutional buying is acting as a buffer, maintaining #Bitcoin upward trajectory even as we approach the $100K mark! 💪📈
The strong demand from ETFs showcases a robust faith in #crypto's future, potentially setting the stage for new all-time highs. It's a clear signal that the market is maturing, with big players stepping in to back #digitalassets.
Keep an eye on this dynamic; it could redefine the #cryptomarket landscape in the coming months. Whether you're a HODLer or a new investor, this is a pivotal moment for #BTC .