Bitcoin Market Shift: $40 Billion in Sales by Long-Term Holders, Unknown Buyers Absorbing Excess

Recent Bitcoin news reveals a significant shift in Bitcoin’s market dynamics. Over 400,000 BTC (worth roughly $40 billion) have been sold by long-term holders (LTHs) in the past month alone, while US Spot Bitcoin ETFs saw modest inflows despite market volatility. The puzzle lies in who is absorbing this excess supply: are we witnessing a classic ‘bull market rotation’ or something more significant? 🤯