Bitcoin Long-Term Holders Are Holding The Line

The data is speaking volumes—literally. Over the past week, realized profits have dropped noticeably. Profit-taking activity has cooled significantly compared to where we were at the end of last year.

Distribution momentum? Grinding to a halt. Older Bitcoin holdings are stuck in place, showing no urgency to move.

What does this tell us? The supply side is tightening up. When long-term holders refuse to capitulate, it's a classic bullish signal. Fewer coins entering the market means less selling pressure. That's the kind of setup that fuels upside moves.