Bitcoin: Long-Term Holders Exhibit Low Selling Pressure

The Bitcoin ($BTC) ecosystem is currently showcasing promising signs for bullish traders. Crypto analyst Axel Adler Jr. notes that long-term holders have seen a minimal decrease in exchange inflow of only 1.1%. This indicates a relatively low level of selling pressure from these key players. Adler’s analysis highlights the significance of this reduced outflow, as it aligns with historical data suggesting accumulation phases often precede price rallies.