Bitcoin Long-Term Holders Take Profits as Price Surges, But Cycle Peak Still Ahead

Bitcoin’s brief rally above the psychological $105,000 price mark has triggered increased activity among its long-term holders (LTHs). According to on-chain data, there is a notable spike in realized profits within this group over the past few days. This trend suggests that many LTH investors are beginning to take advantage of the sharp price gains by selling coins at a profit. BTC Long-Term Investors Increase Profit-Taking In a new report, CryptoQuant analyst Carmelo Alemán noted that BTC LTHs—investors who have held their coins for over 150 days—have significantly increased their profit-taking in recent weeks, according to on-chain data source: https://beincrypto.com/bitcoin-long-term-holders-take-profits/