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IntoTheBlock: Long-term holder selling is less intense than past bull market peaks, or indicates new cycle dynamics

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2024-11-04 20:52:40
According to the chart analysis published by IntoTheBlock on the X platform, this cycle is significantly different from previous cycles. Although long-term holders are selling, the selling is not as strong as in the past bull market peaks. This mild sell-off indicates a shift in the situation, and investors are cautious about the current market stage of BTC, which may herald a new cycle dynamic.
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