Update
Bitcoin Long-Term Holders Selling Signals Potential Rally
Bitcoin long-term holders have been selling, which some analysts interpret as a potential rally signal. On-chain data shows that LTHs (long-term holders) have been net shedding coins on a monthly basis, despite Bitcoin trading in a range of $80,000 to $82,800. The pace of LTH outflows is easing, with fewer days showing declines in balances compared to earlier in October.