Bitcoin’s dormant coins are entering the market in high volumes, represented by a CDD ratio of 0.25. This market activity could suggest potential challenges to BTC’s price stability, particularly as long-term holders begin distribution during critical trading ranges.
Despite the increased distribution, Bitcoin continues to attract institutional investment, with significant net inflows into spot ETFs. This demand promotes buying pressure, potentially supporting BTC’s price, even as distribution by long-term holders raises concerns about a price correction.
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