🥇 #BTC

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Long/Short-Term Holder Supply Ratio Drops to Cycle Low

According to data from Glassnode, BTC sell-offs have accelerated over the past 30 days, indicating a shift in market sentiment where holding BTC is no longer the default behavior for participants.

The Long/Short-Term Holder Supply Ratio has dropped to 3.78, marking the lowest point of this cycle. This highlights a significant shift in the balance between long-term and short-term holders in the market.