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Bitcoin’s long-term holder profit realization has cooled sharply.

Long-term holders are currently realizing around 72% in profits, down dramatically from just under 350% in December 2024.

That shift matters because it suggests the market is no longer experiencing the same level of profit-taking seen near the previous cycle’s stronger distribution phases.

At 72%, the current reading is described as moderate, with conditions more comparable to levels observed during the previous bear market.

The key takeaway: BTC’s long-term holder behavior is showing considerably less aggressive profit realization than in late 2024, which points to a market environment that has moved away from peak distribution intensity.
#BTC Price Analysis# #Macro Insights#