Bitcoin Holders Sell $10B Worth of BTC Post All-Time High

A significant group of long-term Bitcoin investors (those holding between 10 and 1,000 BTC) has taken profits following the cryptocurrency’s record high price. This move, worth around $10 billion in Bitcoin value, marks a shift from accumulation to distribution – potentially signaling changing market sentiment. While this sale is substantial, it’s just a fraction of their overall holdings. Market analysts will continue to closely monitor how these actions might impact the broader Bitcoin market.