Bitcoin (BTC) Rally Sees Long-Term Holders Realizing Record $2B in Daily Gains

TL;DR Bitcoin (BTC) is nearing the $100,000 milestone, prompting long-term holders (LTHs) to distribute over 507,000 BTC, realizing a record $2.02 billion in daily profits. Most sell-side pressure comes from coins aged between six months and one year, indicating a more aggressive distribution campaign. The market requires robust demand to absorb the supply overhang, with ... source: https://crypto-economy.com/bitcoin-btc-rally-sees-long-term-holders-realizing-record-2b-in-daily-gains/