Bitcoin long-term holders' fastest sell-off in five years signals profit-taking

【Crypto World】Recently, there’s an interesting phenomenon—long-term Bitcoin holders are selling at the fastest rate in five years. When does this pattern usually occur? It typically appears when the market is near a high point.

What’s more noteworthy is that the current Bitcoin price is still well above the initial cost basis of these early investors. What does this indicate? Investors who have been holding since the early days are now taking profits. After such a long holding period, they are choosing to cash out.

This pace of large holders offloading their positions often signals that the market may be approaching a cyclical top. For traders, this is a market signal worth paying attention to.