Post
Yellow Korea
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Long-term holders sold 122,000 BTC (approximately $11 billion) in one day
Bitcoin (BTC) has seen long-term holder selling surge by 61% in one day, with ETF demand at its lowest level since November, and a descending chart pattern forming near key support levels, sending four simultaneous warning signals.
What happened: Holder selling accelerated
Long-term holders sold about 75,950 BTC on January 21. The next day, this number surged to approximately 122,486 BTC.
The 61% increase means a sharp acceleration rather than gradual distribution. Despite long-term holder NUPL falling to a six-month low, these sellers are still in the 'belief' zone and remain in profit.
What happened: Holder selling accelerated
Long-term holders sold about 75,950 BTC on January 21. The next day, this number surged to approximately 122,486 BTC.
The 61% increase means a sharp acceleration rather than gradual distribution. Despite long-term holder NUPL falling to a six-month low, these sellers are still in the 'belief' zone and remain in profit.
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