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Bitcoin’s long-term holders (LTHs) are on a selling spree, offloading a whopping 143,000 #BTC over the past month. That’s the fastest pace we’ve seen since August, signaling a shift from the brief accumulation phase we saw in December. It’s always interesting when LTHs start to move their holdings, could this be a sign of a larger trend? The market’s definitely in flux right now.
What do you think this means for the price action going forward?