Bitcoin HODLers are continuing to distribute their holdings, resulting in a reduction of 28,000 BTC in HODLer supply over the past week. This trend indicates a shift among long-term holders, who typically retain their investments. The decrease in supply suggests that more HODLers are selling or moving their Bitcoin rather than holding onto it. Such movements can impact market dynamics and investor sentiment regarding Bitcoin’s future price trajectory. Analysts will likely monitor this trend closely to understand its implications for the cryptocurrency market.
