Bitcoin’s Long-Term Holders Are Dumping—Is This the Market Top?
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Glassnode’s latest data shows Bitcoin’s long-term holder supply is shrinking fast—a classic warning sign that the bulls might be running out of steam.
When the ’diamond hands’ start selling, pay attention. These are the investors who weathered crashes, held through bear markets, and supposedly ’believed in the technology.’ Now? They’re cashing out near all-time highs like everyone else.
Funny how ’HODL’ ideology vanishes when portfolios turn green. Maybe Satoshi should’ve added a footnote: ’*Terms and conditions apply during bull markets.’
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