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@ Jake Woodhouse
2025-05-05 09:49:39
Long-term holders are quietly accumulating Bitcoin again. After price rallies, some dormant coins move, but during flat or falling markets, conviction strengthens and supply tightens. Over the last 30 days, long-term holders have added ~150,000 BTC to their wallets. This pattern has historically front-run major supply squeezes and parabolic moves. With seemingly few sellers left between $80K and $100K, the setup is forming: Bitcoin is running out of supply just as demand starts to return.
h/t to Blockware
https://i.nostr.build/OMsbbLy2jmJgxFyX.png