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📊 BTC long-term holders cashing out Glassnode data shows long-term holders have already realizedmoreprofit this cycle than in nearly every previous one - only 2016–17 was higher. ➡️ LTH realized profit this cycle: 3.27M BTC ➡️ Peak of 2017 cycle: 3.93M BTC ➡️ Elevated profit-taking = higher sell-side pressure ➡️ Signals align with late-phase cycle behavior When the old coins move, it usually means the easy part of the cycle is over. 🫡Powered by Venture Capital