Post #2887

BTC long-term holders have sold 405,000 BTC over the past 30 days. That's serious profit booking This round of profit-taking usually signals a mid-cycle adjustment, not a rush to exit. This distribution provides the sell-side liquidity needed to absorb demand and cool down the rally, preventing an unsustainable 'blow-off top.' Historically Similar deep red bars on the LTH Net Position chart have led to consolidation before the next, stronger move higher.