Source: TheMerkle.com
In recent months, Long-Term Holders (LTH) have been consistently locking in around $138 million in daily profits despite turbulent market conditions.
This steady flow of profits underscores the ongoing supply and demand dynamics, where each transaction involves a buyer and a seller, with price adjustments balancing these forces.
This $138 million daily sell-side pressure from LTHs suggests a significant amount of capital is required each day to absorb this supply
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Source: TheMerkle.com