Long-term holder supply just reset to 14.33M $BTC right as price tagged the 80K correction zone a textbook exhaustion move.
This drawdown mirrors prior cycle mid-range resets where weak liquidity flushes out and structural holders stop selling.
Now $BTC is reclaiming 90K with LTH supply stabilizing a clear signal that sell pressure has faded.
If supply turns upward from here, it reopens the door for a fresh volatility expansion and a continuation of the macro uptrend.
This is the kind of on-chain shift that often marks the start of the next leg.

BTC
89,953.06
-1.60%
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