🚨 Tim Draper dumping 1,000 $BTC after 12-year hold

Bought at $630 in 2014. Now exiting near cycle top.

Long-term holder capitulation accelerating. This is textbook distribution phase.

Some are calling for $40K retest. If OGs like Draper are rotating out, retail should be asking why.

Watch on-chain LTH supply metrics. When conviction breaks, liquidity follows.