Long-Term Holders Sell $43 Billion in Bitcoin, But Bulls Aren’t Worried

Long-term Bitcoin holders have continued to offload their assets over the past month, selling more than $43 billion worth of BTC. The wave of profit-taking comes as “Red October” tested investor conviction and dampened demand across the market. Yet analysts argue this doesn’t signal a market top. Long-Term Holders Offload Bitcoin While Institutional Demand Slows According to data from CryptoQuant, long-term Bitcoin holders have offloaded approximately 405,000 BTC over the past month, equivalent to more than $43 billion in realized value source: https://beincrypto.com/bitcoin-longterm-holders-selloff-market-cycle/