Long-term Bitcoin holders are currently selling, leading to an increase in sell-side pressure that analysts consider a critical resistance factor for Bitcoin’s price. Additionally, the average age of coins sold is increasing, suggesting significant selling by long-term investors.
Realized gains have surged to 1.7 billion USD daily, indicating strong profit-taking activity. Simultaneously, realized losses are approximately 430 million USD daily, marking the third-highest level during this market cycle.
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