Long-term Bitcoin holders appear to be shifting positions more aggressively than expected. According to major financial media reports, the most seasoned investors in the space—those who've held through cycles—are now liquidating at a notable pace. What's particularly striking isn't just the selling itself, but the pattern: it's consistent enough that market observers are starting to flag it as a stress indicator. The pressure building beneath the surface suggests these institutional-level participants may be reassessing their exposure. Whether this signals profit-taking ahead of volatility or genuine conviction changes remains the question traders are weighing right now.