LONG-TERM HOLDERS ARE BLEEDING OUT—BOTTOM FORMING? $BTC
On-chain data shows long-term Bitcoin holders are realizing losses, a classic exhaustion signal that often appears near market lows. For institutions, this shifts the setup from momentum chasing to liquidity hunting, with stabilization in supply likely to draw systematic bids.
Watch the next flush for absorption. Let weak hands dump into bids. Wait for selling pressure to fade, then follow the first defended level and let whales reveal their size. Do not chase until forced liquidation stops expanding.
I think this matters because capitulation from patient holders is usually where the cleanest reversals begin. I’d rather position after panic peaks than after sentiment flips, because the market often turns when everyone still believes downside is inevitable.
Not financial advice. Manage your risk.
#Bitcoin #BTC #Crypto #OnChain #Whales
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