According to reports, long-term Bitcoin holders have shifted to net accumulators, potentially easing a major headwind for the cryptocurrency. This follows a period of significant selling pressure during the current correction, where this cohort sold over 1 million BTC. This selling event represents the largest sell-off from long-term holders since 2019. The shift to accumulation could signal a change in sentiment among long-term investors and potentially support Bitcoin's price.

According to reports, long-term Bitcoin holders have shifted to net accumulators, potentially easing a major headwind for the cryptocurrency. This follows a period of significant selling pressure during the current correction, where this cohort sold over 1 million BTC. This selling event represents the largest sell-off from long-term holders since 2019. The shift to accumulation could signal a change in sentiment among long-term investors and potentially support Bitcoin's price.