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Bitcoin’s market outlook clouded by sell-offs by long-term holders

Long-term holders’ massive BTC sell-off: In the past month, 827,783 BTC have been sold by long-term holders, valued at about 82.59 billion USD. This massive offloading by those who held their BTC for over 155 days suggests potential market shifts, sparking concern among analysts.

Market strength vs potential liquidity risks: Despite the sell pressure, retail demand remains HIGH. Bitcoin’s price hovers around 99,203 USD, indicating strong market performance. However, analysts like Jamie Coutts warn that worsening liquidity conditions could eventually affect market dynamics, emphasizing caution for investors.

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