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But we saved everything 🙂.
Will Clemente draws attention to a visual from crypto quant that depicts long-term Bitcoin holders selling their assets. The data indicates that this activity is occurring across all age brackets of holders.
Such widespread divestment among long-term holders recalls earlier concerns about market absorption dynamics, notably during the 400,000 Bitcoin selloff that prompted questions about who was absorbing the substantial outflows. In addition, recent patterns in long-term holder activity emerge alongside periods of notable resilience, as demonstrated by Bitcoin’s 75 percent recovery post open interest rinse, underscoring the complex and often cyclical nature of market sentiment.