WOW

Since September, long-term holders have sold off more Bitcoin than will be produced in subsidy for this entire halving epoch (656250).

https://www.coindesk.com/markets/2024/12/13/larger-cohorts-than-u-s-etfs-or-micro-strategy-are-dictating-bitcoin-price-van-straten

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maybe not so big of a deal. the article defines long term holders as those that have held for 155 days or more hahaha.

Helpful tidbit ^

"Long term"

In my head I was thinking long term is ~8 years. 😅

similar. at least 1 year, but i had it in my head that it was at least a cycle/4 years

That’s long term for the tradfi idiots

Also worth noting that most of us are both long-term and short-term for having UTXOs of various age.

Imagined looking back at selling your 6 month old coins at a 50% profit at the end of next year when price will be 3-4x or more what it was 6 months ago.