Bitcoin's Long-Term Holder Dominance Hits Cycle Low

According to Glassnode data, Bitcoin's sell-off has intensified over the past 30 days, signaling a shift in market sentiment. Holding Bitcoin is no longer the default strategy for market participants.

The Long/Short-Term Holder Supply Ratio has plummeted to 3.78, a cycle low. This indicates a significant imbalance between long-term and short-term holders, highlighting a notable change in market dynamics.

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