Bitcoin’s long-term holders, known for their stability, recently made a significant move. They offloaded a staggering 97,000 BTC last Friday, totaling approximately $3 billion. This is the largest single-day sell-off by this cohort so far in 2023 and signals a potential market shift. Experts attribute this action to Bitcoin’s recent price surge nearing the $100,000 mark. The psychological barrier triggered profit-taking for many long-term holders who have held their Bitcoin through various market cycles. [Key aspects of the sell-off include its massive scale, impact on long-term holder behavior and immediate market volatility implications.] This trend reflects a larger phenomenon where profit-taking is common at key price milestones. While this event represents short-term volatility, it’s important to view it within the broader context of Bitcoin’s dynamic nature.