Bitcoin Rally Intensifies As Long-Term Holders And Institutions Shape The Market

The Bitcoin market is heating up as long-term holders (LTHs) ramp up their selling activity, reaching -366K BTC/month—the highest rate since April 2024. Much of this selling comes from the 6–12 month holding cohort, which has been offloading an average of 25.6K BTC daily. These investors, with an average cost