#BTC
Long-term BTC investors are gradually offloading their assets.
Since September, long-term BTC holders (those holding for more than 155 days) have sold around 1 million coins. These coins are being bought up by short-term holders—essentially fresh liquidity entering the market.
In essence, redistribution is already beginning, along with profit-taking, which is often a negative signal that has historically marked the start of new market cycles.
No need to panic or interpret this as the start of a bear trend—just keep it in mind and consider gradually selling off some of your BTC.