• bitcoinBitcoin (BTC) $ 101,876.00
  • ethereumEthereum (ETH) $ 3,425.36
  • tetherTether (USDT) $ 0.999826
  • xrpXRP (XRP) $ 2.40
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  • solanaWrapped SOL (SOL) $ 153.63
  • usd-coinUSDC (USDC) $ 0.999704
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  • tronTRON (TRX) $ 0.294925
  • dogecoinDogecoin (DOGE) $ 0.171017

Bitcoin’s next rally will start once OGs finish selling: Analysts

Long-term Bitcoin holders took profits at record levels with realized gains hitting $1.7 billion daily as older coins re-entered circulation.

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💡 DMK Insight

The recent surge in profit-taking among long-term Bitcoin holders signals a pivotal moment in the market. With realized gains soaring to $1.7 billion daily, it’s clear that many investors are cashing in on their patience, potentially reshaping the supply dynamics of Bitcoin. This could lead to increased volatility as older coins flood back into circulation, prompting both excitement and caution among traders. As seasoned investors take their chips off the table, it raises the question: are we witnessing a strategic exit or simply a healthy market correction?

📮 Takeaway

Watch for increased volatility as older Bitcoin coins re-enter circulation; it could signal shifting market dynamics.

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