🚨 #bitcoin : HISTORICAL SIGNAL OF LONG-TERM HOLDERS

For the first time, Bitcoin displays four clear signals of distribution from LTH.

The Reserve Risk is unequivocal.

Since 2024, long-dormant BTC held by OG whales have returned to circulation towards exchanges, ETFs, institutions, and retail.

On-chain reading:

The early players have perfectly monetized the peak of attention and the influx of liquidity.

This is a rational and intelligent decision.

The cycle theory is not dead.

It will only cease if the fractal structure of #Bitcoin is broken.